“315 market regulation in action”: Trending hashtag on Chinese social media
The hashtag #315 market regulation in action# has been trending on Weibo, a popular Chinese social media platform, during the third week of March. Many brands have faced severe backlash on social media for violating consumer rights. This is in anticipation of the annual “315 Gala” hosted by China Central Television on Consumer Rights Day. […]
Everything you need to know about crowdfunding in China
Crowdfunding in China started to develop relatively late compared to the global market: the market size peaked in 2016 with 48,467 successful campaigns in that year. Chinese crowdfunding models include investment-based, non-investment based and integrated crowdfunding. The investment-based crowdfunding model includes equity-based and property-based crowdfunding. Non-investment-based crowdfunding model includes reward-based and donation-based crowdfunding. How crowdfunding […]
Сross-border e-commerce in China: What do new CBE regulations mean for your exports business? | Daxue Consulting
How will the Chinese cross-border e-commerce market change? New CBE regulations On January 1st, 2019, China implemented new cross-border e-commerce regulations to improve the supervision of CBE retail imports. The two Circulars were issued by the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs (GAC), […]