China’s New Measures for Oversight of Online Trading
Apr 30, 2021
Benjamin Wang, Ruby Yang and Scarlett Chen of Guantao Law Firm highlight the newly introduced Measures for the Oversight of Online Trading and discuss how they address current issues arising from online trading, improve existing legislation, and how they respond to customer concerns and protect consumers’ rights and information
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On March 15, 2021, the State Administration for Market Regulation issued the Measures for the Oversight of Online Trading (the Measures) (网络交易监督管理办法), which also happens to fall on World Consumer Rights Day. The Measures will become effective on May 1, 2021, and the Measures for the Administration of Online Trading (网络交易管理办法) that were implemented on March 15, 2014 will be abolished.
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