Starting January next year, China’s national e-commerce law will officially take effect.
The law also covers businesses done via Wechat’s platform and individuals who buys goods from overseas for clients (Diagou). Relevant businesses will also be required to obtain operation approvals from industry and commerce officials and pay tax.
Both individuals and companies who conduct above business are covered by the new law. Those vendors who sell products without Chinese label will be punished according to the law. Those dairy products and health food that are not from factories certified by the national authority will be banned from selling in the local market.
Those who fail to follow the new law will face the punishment of being fined for up to 2 million yuan. (Source: IT home)