The new members were confirmed at the latest meeting of the taskforce, which took place on Tuesday, at Founders Factory in West London.
The new channel is set to satisfy the needs for standardized goods from merchants in Yiwu and other small commodity export hubs, said Yu Yong, vice-president of Alibaba and co-general manager of Alibaba.com.
The new venture will be headquartered in Shangyu, in China's Zhejiang province. By 2025, the company is expected to employ up to 2,000 staff .
The new organization, Earth Alliance, "will work globally to protect ecosystems and wildlife, ensure climate justice, support renewable energy and secure indigenous rights to the benefit of all life on Earth," according to a statement.
The new rule, to be effective from June 1, is among a series of measures the ministry will take to better serve the public.
The new guidelines are also aimed at broadening financing channels by encouraging the participation of private capital and investors, while pushing innovation and strengthening regulatory cooperation among governments, according to the Ministry of Finance.
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The new handset comes with the 6-inches FHD+ Full screen display. Wu added that this is the first time a mid-range smartphone has been equipped with such clear and vivid full screen display.
The newcomers brought the total number of companies on the board to 11,635, according to the NEEQ data.
The new regulatory administration now oversees the former China Food and Drug Administration.
The new settlement is also equipped with public services such as roads, transportation, water, internet, telecommunication and education opportunities.