China Internet Retail Sales Up 48.3% In H1 2014
China's Internet retail sales increased by 48.3% year-on-year to CNY1.138 trillion in the first half of 2014.
State Council
China's Central Bank To License Online Payment Platforms
According to Ouyang Weimin, the director of the Payment System Department of the People's Bank of China, PBOC plans to issue licenses to Chinese online third-party payment platforms to bring more competition and a higher…
New Defective Product Recall Mechanism For China
The Legislative Office of China's State Council is reported to be soliciting public opinion for a draft rule on defective products recall that has been submitted by the General Administration of Quality Inspection, Supervision and…