Insight Report 5 minutes PremiumChina’s New E-Commerce Law: Opening Up to More Imported Goods While Tightening Rules Coresight Research December 22, 2018 Executive SummaryChina recently unveiled the “People’s Republic of China E-Commerce Law” that will take effect January 1, 2019. The results will be mixed. E-commerce has grown its share of retail sales in China, yet regulations were still loose. So, the Chinese government moved to tighten them. E-commerce will become more regulated under the new law: Consumers will enjoy better protection and e-commerce operators will have to deal with stricter regulations. The good news is that the new law also increases the amounts Chinese consumers can buy online from overseas sources, with the single-purchase limit rising from ¥2,000 to ¥5,000 and the yearly limit from ¥20,000 to ¥26,000. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 43: Z Gallerie Drives Additional US Store ClosuresEuropean Grocery Retail Dynamics Amid Broader Inflationary TrendsHoliday 2024—Shoppers Are Buying Decorations, Toys and Apparel: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 52: US Store Openings Pass 5,500
