Chinadaily.com.cn
Sat, June 14, 2025
 
Go Adv Search

Brands in trust crisis

Updated: 2012-03-16 18:00

(chinadaily.com.cn)

  Comments(2) Print Mail Large Medium  Small 分享按钮 0

Brands in trust crisis

Online group buying to be regulated

In a major effort to protect customers' interests, China has pledged to regulate online group buying, a thriving market with increasing illegal trading activities in recent years.

The State Administration for Industry and Commerce urged its local authorities to examine the qualifications of online group buying providers and supervise them, according to the latest circular posted on the administration's website on Wednesday.

Problems such as fraud, fake products and price hikes are arising frequently as the industry becomes popular in China, the circular said. [Full story]

Comments (English only) View Comments
Your name

Messages that harass,abuse or threaten others;have obscene or otherwise objectionable content;have commercial or advertising content or links may be removed.

Comments: (2)