Tidbits
China Daily | Updated: 2008-03-18 07:23
Law needed on e-commerce
The e-commerce industry is in great need of legislation and a regulatory framework to ensure a thriving and safe online environment, Wang Xiaolin, NPC deputy and the general manager of Chongqing Commercial Storage and Transportation Company, said.
E-commerce and Internet transactions have become an integral part of life due to the rapid development of communications technology. But the lack of legislation has seriously hindered the development of the industry in China, Wang said.
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