New Rules for Internet Price Transparency in China

The Chinese government has proposed a draft of new rules regulating the setting and disclosure of prices on internet platforms. This was reported by Zamin.uz.

This draft has been opened for public discussion to gather opinions. The new rules aim to increase price transparency and ensure fairness on trading and service platforms.

Platform operators and sellers are required to clearly set prices through contracts or orders. The rules make it mandatory to disclose prices, provide complete and accurate information, and promptly announce any changes in service fees.

This regulation serves to strengthen public oversight. Previously, merchants complained about price manipulation by large platforms, and consumers were dissatisfied with incorrect price displays.

The new rules will be open for public opinion for one month. During this period, citizens and entrepreneurs can submit their suggestions and feedback.

This measure aims to ensure price transparency and fairness and to increase trust in the market.