CIT-exempted incomes derived by the Qualified Companies, as stipulated under the PRC CIT Law, can be exempt from CIT. “The draft guidelines on e-commerce will be made part of the rules under the new consumer protection law. The ECL will undoubtedly become the main legislation regulating e-commerce in China, and it will... Read more » In 2018, the value of China’s cross-border e-commerce trade in goods was around 134.7 billion RMB, of which 78.58 billion RMB was from import. Scope. E-Commerce Law of the PRC, effective on 1 January 2019, prescribed obligations to e-commerce platforms to protect intellectual property, and the newly revised Trademark Law of the PRC came into force in late 2019. The timing is important as e-commerce sales accounted for 23.8 percent of all retail sales in China in 2017, and is projected to reach 33.6 percent by 2019. Introduction The vigorous development of e-commerce in China in the past 15 years has made the sector hugely successful, but also slightly chaotic. China adopts an e-commerce law to improve market regulation With the aim of providing a sound legal framework to better regulate China’s rapidly growing e-commerce sector, the long-awaited E-Commerce Law of the PRC (“E-commerce Law”) was passed on 31 August 2018 and came into force on 1 January 2019. SAT Announcement [2019] No. Draft E-commerce Law The third draft of the proposed new PRC E-commerce Law has now been circulated, and is of interest to all organisations taking advantage of China’s booming e-commerce market. The E-commerce Law regulates the following major topics: That sort of growth often commands the attention of governing bodies, and China is no exception, as 2019 ushers in China’s first e-commerce law. The law will take effect on Jan. 1, 2019… It includes strict requirements and liabilities impacting e-commerce platforms, aiming to remedy the widespread proliferation of counterfeit products and false … E-commerce is playing an increasingly significant role in cross-border trade in goods and services. E-commerce operators shall: ... the EC Law also has a general clause linked to PRC Criminal Law. China’s e-commerce law: A sign of the (growing) times. Work Cited: EU-China Legal Economic Reform Agenda translation of E-commerce Law of the People’s Republic of China. promotion and performance within China, ICP filing requirements) will bring cross-border delivery models closer within reach of the Chinese authorities. Cybersecurity Law of the People’s Republic of China (English Translation) This document, translated to English language by Rogier Creemers, Paul Triolo, and Graham Webster, displays the Cybersecurity Law of the People’s Republic of China, which went into effect on June 1, 2017. East & Concord Partners was formed in 2014 as a result of a merger between East Associates Law Firm and Concord & Partners, two of the oldest partnership law firms in China, established in 1993 and 1995, respectively. The draft e-commerce law was first reviewed in December 2016 then later deliberated in October 2017 and June 2018 by the NPC Standing Committee. Although Article 2 of the law states that it applies to e-commerce activities within the territory of the PRC, the various connection factors (e.g. The firm is headquartered in Beijing, with branch offices in … Therefore, China will implement its first ever comprehensive E-Commerce Law (the “ECL”) as of 1 January 2019. Meanwhile, the E-commerce Law of PRC ("E-commerce Law"), which regulates the sale of goods and the provision of services through the internet, will also come into effect on 1 January 2019. The revision of the Patent Law of the PRC is also ongoing. The new law set to improve the regulation of China’s booming e-commerce market. First, e-commerce in China shall be conducted in accordance with Chinese law in a manner firmly under the control of the central government. The new law will extend legal protection for consumers and brand owners and will arm the fight against the country’s reputation as a source of fake goods.. 38 Therefore, China will implement its first ever comprehensive E-Commerce Law (the “ECL”) as of 1 January 2019. China’s legislation is struggling to keep up with the rapid market growth, especially with reference to consumer protection and supervision. The new rules are generally being interpreted as positive for the sector, but they will certainly change the way brands do business in China. The law becomes effective 1 January 2019 and is the first e-commerce specific law in the PRC. The E-commerce Law establishes The E-commerce Law of the People's Republic of China, adopted at the Fifth Session of the Standing Committee of the 13th National People's Congress of the People's Republic of China on August 31, 2018, is hereby promulgated and shall enter into force as of January 1, 2019. Retail sales up by 8.3% yoy in 1Q19 Total retail sales of consumer goods increased nominally by 8.3% year-on year (yoy) to reach 9.8 trillion yuan in FIL will come into force on January 1, 2020 (the “FIL Effective Date”). The E-commerce Law (“the Law”) is effective on 1 January, 2019. When the law comes into effect it will provide new compliance obligations for organisations operating in China. Currently, Chinese cross-border e-commerce is growing at an estimated annual rate of 20-30%. China Retail & E-commerce Quarterly Issue 10 | May 2019 4 I. As the country’s e-commerce market grows at an overwhelming rate, so does the need for stricter market regulation. On April 23, 2019, the Tenth Session of the Standing Committee of the 13th National People's Congress passed a decision to amend the Trademark Law of the People's Republic of China. The E-Commerce law (“EC Law”) adopted on August 31, 2018 and came into force on the first day of 2019. The PIPL will be a comprehensive fundamental law that will operate alongside China’s Cybersecurity Law, Data Security Law, and the PRC E-Commerce Law, to harmonise the country’s data protection regulation. 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