E-commerce ‘blacklist’ to be released before Double 11
A total of 6,402 e-commerce blacklist firms have been found, with the first batch of 500 revealed on the 'Credit China' website
The National Development and Reform Commission recently held a special meeting aimed at solving credit problems in China’s e-commerce sector during the Double 11 online shopping festival, the China Securities Journal reported.
According to the meeting, the NDRC will release a detailed “blacklist” of e-commerce firms before and after the shopping festival.
Zhou Min, deputy director of the State Information Center, said that in the national credit information sharing platform shared by relevant departments, a total of 6,402 e-commerce blacklist companies were found, of which the first batch of 500 will be announced on the “Credit China” website.
According to the notice issued by the Law Enforcement Division of the General Administration of Quality Supervision, Inspection and Quarantine, the inspection will take place nationwide from October 25 to November 15 this year.
The administration will also issue warnings through the media, and guide rational consumption to resist low-cost, low-quality products and vicious competition among e-commerce providers.