New Regulation on E-commerce Registration

With the Christmas and New Year holidays soon approaching, the majority of Chinese consumer’s attention are however still affixed on 2 other non-official festivals: Double Eleven and Double Twelve. The booming development of E-commerce has lifted the curtain in order for the swift expansion of e-commerce operators and alhough the e-business holds rapid growth as its creed, to achieve the sustainable growth of e-business, the State Administration of Industry and Commerce (SAIC) has issued new regulations on the registration of e-commerce operators.