China increases reward for people reporting illegal market activities

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SHANGHAI : China's market regulator on Friday that it will increase the reward for people reporting illegal activities in the market to up to 1 million yuan (US$153,831.95), as it seeks to tighten supervision.The State Administration for Market Regulation said it was jointly issuing the measures with the

SHANGHAI : China's market regulator on Friday that it will increase the reward for people reporting illegal activities in the market to up to 1 million yuan , as it seeks to tighten supervision.

The State Administration for Market Regulation said it was jointly issuing the measures with the country's finance ministry and that they will take effect on Dec.1.

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