China’s market watchdog to slap new rules on e-commerce platforms and online shopping festivals

Source: South China Morning PostChinese market regulators are planning to step up their control of e-commerce platforms by formulating a list of responsibilities for operators and drafting new regulations for the sector, according to state-owned news agency Xinhua.The State Administration for Market Regulation (SAMR) will “adopt more powerful regulatory measures this year with a series of actions” to clean up the online shopping market and maintain a healthy environment, SAMR official Wei Li told Xinhua.In addition to…Read More

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