A number of Chinese entrepreneurs are calling for more to be done to guarantee financial transactions via the internet.
The suggestion is coming from an entrepreneurs summit being held in Henan's capital, Zhengzhou.
Speaking at the meeting, Zhang Shishi, one of the founders of business consulting firm Renrendai, has put forward three proposals to reduce risk via the internet.
"It's easier to raise money through internet channels, but there will be scams during the entire process. This problem will be a lethal blow to the industry in the long term. I think we should start with three core ideas to tackle the problem. First, we think there should be market a
