Measures for Supervision and Management of Network Transactions

On the basis of revising the Regulations on the Management of Network Transactions, SAMR drafted the Regulations on the Supervision and Administration of Network Transactions for comments. It focuses on the registration of market subjects, publicity of identity information of operators, submission and provision of transaction information data, protection of user information collection and use, standardization of operation behavior of network transactions, and internal platform. Seven aspects have been revised, such as the norm of governance behavior and the protection of consumers ‘rights and interests. These Measures shall apply to online trading activities within the territory of the People’s RepublicRead More →

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