In October Beijing approved the 2016 Xinjiang Cotton Growing Subsidy Plan Reform Scheme  (2016年新疆维吾尔自治区棉花目标价格改革试点工作实施方案 ). For the current crop year, the target cotton price is ¥ 18,600 (US$2,689), the same as the previous year. However, this year the Xinjiang government will establish a cotton grower dishonest list (棉花生产者补贴失信名单制度). Growers who defraud the cotton subsidy will be added to the list and won’t receive the cotton-growing subsidy the next crop year.

In the first half of 2016, China's cross-border B2C e-commerce transactions reached a total value of US$28.26 billion dollars. It is estimated that by 2020, the value would exceed US$ 100 billion. “We can see the shifts from a B2B to a B2C model and we believe cross-border B2C e-commerce is the way forward,” said Dr. Guo Dongbai, CTO at AliExpress (郭冬白博士，速卖通首席技术官), speaking at the Asian Logistic and Maritime Conference (Hong Kong: November 22-23, 2016).  A...