New Pains for Beijing Online-Stores

From Economic Observer Online:

From August 1, profit-oriented, -based online communities hosted on Chinese websites must be registered and obtained a business permit from the City’s industry watchdog.

In a circular issued by the Beijing Administration for Industry and Commerce (BAIC) earlier this month, the authorities termed the move as Guidelines to Strengthen E-commerce Supervision and Management.

The EO has learned that the Guidelines targeted online-store owners and sellers who conducted transactions over customer-to-customer (C2C) platforms, such as Taobao, Eachnet and Paipai – all popular e-commerce communities in China.

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