USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

China investigates more online sales, service cases

Xinhua | Updated: 2017-04-13 10:19

BEIJING — China's top market regulator uncovered more than double the number of online trading violations in the first quarter compared with last year.

In total, 2,330 cases related to online goods sales and services were dealt with in the January-March period nationwide, surging 163.9 percent year-on-year, the State Administration for Industry and Commerce (SAIC) said on Wednesday.

China has intensified efforts to regulate online business activities to protect the interests of netizens.

SAIC spokesperson Yu Fachang attributed the increase of such cases to ballooning instances of illegal online advertising and unfair competition.

The SAIC discovered and dealt with 64,000 economic crimes in the same period, decreasing 2.1 percent year-on-year, Yu said.

A combined amount of 800 million yuan (about $116 million) was involved in all these cases, representing a decline of 16.9 percent from a year earlier.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US