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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: February 2023 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear UptickUS Consumer Tracker: Conflicting Trends in Behavior, Plus an Early Look at Memorial Day PlansNavigating Digital Transformation: Optimizing Retail Operations Amid Margin PressureRetail Shrink and ORC: Self-Checkout Challenges and a Rise in Shoplifting Offenses
