Lates News

On June 11th, the Shenzhen Market Supervision Administration organized a city-wide administrative guidance meeting on compliance with the "618" concentrated promotion network transactions. Representatives from more than 60 platform companies, e-commerce enterprises, and industry associations including WeChat small shops, Meituan, JD.com, Pinduoduo, Taobao, and Douyin attended the meeting with a total of 103 participants. During the meeting, the Municipal Market Supervision Bureau conducted administrative guidance on compliance focusing on five key areas: transparency, fair competition, subsidy promotion, advertising marketing, and food safety. The purpose of this meeting is to align with the requirements of the General Administration by strengthening the responsibility of operators and promoting a rational sales approach and compliance awareness during the "618" promotion period to create a healthy, orderly, and fair online consumption environment (Securities Times).