Internet giants named vice president companies

The China Electronic Commerce Association Mobile Financial Professional Committee and the Guiyang Mobile Financial Association held a first joint conference on Thursday with Baidu, Wechat Payment and JD and three other internet companies becoming inaugural vice president companies.

As one of five pilot mobile financial cities, Guiyang attracts attention from nationwide related industries. Wang Yuxiang, vice mayor of Guiyang and president of the committee, said leading companies in application development, telecommunication operation and payment institutions will be enrolled as members.

It was reported that seven vice president companies will alternate the position of executive president.