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How China’s new e-commerce law will affect consumers, platform operators

Jan 2, 2019 by The Passage Team
How China’s new e-commerce law will affect consumers, platform operators

China’s comprehensive e-commerce law, which was passed in August, takes effect on January 1, bringing increased pressure on online retail companies to fight the sale of counterfeit and copycat merchandise on their platforms.

It covers the requirement for registration and licensing of e-commerce operators, taxation, electronic payment and e-commerce dispute resolution, as well as the protection of intellectual property, according to a post by Hong Kong-based law firm Deacons.

The law comes amid the rapid development of China into the world’s largest e-commerce market, with USD 1.53 trillion in sales last year, estimates by research firm eMarketer show.

Source: SCMP

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