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Conference updated on China's regulation of e-commerce (2)

(Xinhua)

09:32, November 28, 2012

The Administration of Industry and Commerce in Zhejiang, also home to China's largest e-commerce platform provider, Alibaba Group, inspected offline stores that also run online selling accounts, and shut down a string of illegal e-commerce websites including wjgw.com.

The Shanghai Administration of Industry and Commerce launched a campaign this year to regulate "group buying," a popular online shopping form based on individuals coming together to collect discounts for buying in bulk, and corrected misconduct in the business.

The Chongqing Administration of Industry and Commerce tagged "e-labels" on online retailers for identification purposes. Authorities in Zhejiang and the southwestern city of Chengdu also set up similar mechanisms to track retailers' credit records.

E-commerce has become popular in China in recent years with mounting online sales. This year's "Singles' Day" on Nov. 11 saw the latest shopping spree, with major online retailers including Tmall.com, Suning.com and Dangdang.com raking in billions of yuan.

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