Closer checks for online shopping scams
By Qin Zhongwei | China Daily | Updated: 2010-02-09 07:50
Beijing will invoke harsher monitoring of online trade to counter an eruption of Internet fraud cases.
There will be a crackdown on scams by strengthening the monitoring network to track online trade, said Zhang Zhikuan, head of Beijing Administration for Industry and Commerce (BAIC), at the BAIC annual meeting in early January.
BAIC said the capital processed 1,067 cases of online transaction fraud and related issues last year, and issued fines of more than 16 million yuan, according to Wu Song from the publicity department of BAIC yesterday.
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