E-commerce is playing an increasingly significant role in cross-border trade in goods and services. The ECL will undoubtedly become the main legislation regulating e-commerce in China, and it will... Read more » It includes strict requirements and liabilities impacting e-commerce platforms, aiming to remedy the widespread proliferation of counterfeit products and false … CMS, China - Nick Beckett and Amanda Ge 13 are entitled to the preferential CIT treatment applicable to small-scale and micro-scale enterprises. Scope. ... Asia Pacific Data Protection and Cyber Security Guide 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. When the law comes into effect it will provide new compliance obligations for organisations operating in China. Market overview 1. Work Cited: EU-China Legal Economic Reform Agenda translation of E-commerce Law of the People’s Republic of China. The revision of the Patent Law of the PRC is also ongoing. 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 China’s legislation is struggling to keep up with the rapid market growth, especially with reference to consumer protection and supervision. promotion and performance within China, ICP filing re­quirements) will bring cross-border delivery models closer within reach of the Chinese authorities. E-commerce Law of the People’s Republic of China (Adopted at the 5th Session of the Standing Committee of the Thirteenth National People’s Congress of the People’s Republic of China on 31 August 2018) C o n t en t s Chapter I General Provisions Chapter II E-commerce … A Brief Introduction to the PRC Export Control Law November 06, 2020 Jianwei (Jerry) Fang and Wenpei Yu of Zhong Lun Law Firm answer some common questions about China’s new Export Control Law, which for the first time sets out a comprehensive system of export control in the country CIT-exempted incomes derived by the Qualified Companies, as stipulated under the PRC CIT Law, can be exempt from CIT. CBEC import business operators ("Operators") will also be subject to the E-commerce Law. 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. 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. SAT Announcement [2019] No. 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. 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 new law set to improve the regulation of China’s booming e-commerce market. A new e-commerce law in China will go into effect on January 1, 2019, further regulating the country’s online luxury sales market. The E-commerce Law (“the Law”) is effective on 1 January, 2019. China will implement a new e-commerce law from January 1, 2019. The law is China’s first comprehensive legislation governing the field of e-commerce and will take effect on 1 January 2019. 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. 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. The E-commerce Law regulates the following major topics: The firm is headquartered in Beijing, with branch offices in … 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. A new law was passed on August 31, 2018. Second, e-commerce in China shall be conducted by Chinese companies. 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. In August 2018, the Standing Committee of the National People's Congress promulgated the first E-commerce Law of the PRC, which came into force on 1 January 2019. On 31 August 2018 (effective 1 January 2019) China’s legislators enacted the PRC e-Commerce Law, which specifically excludes financial products or services and use of information networks, such as news, programmes, publications and cultural products from the ambit of e-Commerce. According to Article 2 of the PRC E-Commerce Law which took effect on 1 January 2019, e-commerce activities conducted within the territory of People's Republic of China (“PRC”) shall be governed by the PRC E-Commerce Law.. 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. Currently, Chinese cross-border e-commerce is growing at an estimated annual rate of 20-30%. 作者：Kaiding Wang, Jian Zeng, Bing Chen, Xiaopeng Feng, Zhen Zhao , Yuanyuan (Yvonne) Cheng King and Wood Mallesons The National People’s Congress of the PRC (the “NPC”) approved the Foreign Investment Law of the PRC (the “FIL”) at the closing meeting of the second session of the 13th NPC on March 15, 2019. Therefore, China will implement its first ever comprehensive E-Commerce Law (the “ECL”) as of 1 January 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. The law becomes effective 1 January 2019 and is the first e-commerce specific law in the PRC. The law will take effect on Jan. 1, 2019… After being submitted to the Standing Committee of the National People's Congress, China's top legislator, for a third review, the draft of e-commerce law has been released on the Ministry of Commerce on its website to solicit public opinions from June 29 to July 28. The mood was markedly different back in April 2016, when several PRC authorities officially issued new policies regulating cross border e-commerce. Qualified Companies meeting relevant conditions under the circular Caishui [2019] No. Foreign participation in owning or controlling e-commerce companies in China is nowhere even mentioned in the document. It is China’s first comprehensive legislation in the E-commerce field and contains regulations on many aspects relating to E-commerce including the protection of intellectual property (“IP”) rights on E-commerce platforms. The highlight of the laws includes the recognition of operators in e-commerce business. China Retail & E-commerce Quarterly Issue 10 | May 2019 4 I. All in all, E-commerce Law not only protects the rights of different parties (from business operators to consumers), but it also ensures an equal and regulated environment for fair competition and innovation. The E-Commerce law (“EC Law”) adopted on August 31, 2018 and came into force on the first day of 2019. First, e-commerce in China shall be conducted in accordance with Chinese law in a manner firmly under the control of the central government. Please click here to read the full text of the E-commerce Law (Chinese only). As the country’s e-commerce market grows at an overwhelming rate, so does the need for stricter market regulation. 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. The E-commerce Law will come into effect on 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. 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. 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. China’s e-commerce law: A sign of the (growing) times. The PRC E-Commerce Law (the “E-Commerce Law”) took effect on 1 January 2019. “The draft guidelines on e-commerce will be made part of the rules under the new consumer protection law. 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. E-commerce Law. 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.. The E-commerce Law establishes 38 Therefore, China will implement its first ever comprehensive E-Commerce Law (the “ECL”) as of 1 January 2019. 2019-03-15. The detailed content of the amendment to the "Trademark Law of the People's Republic of China" is listed below for reference. 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. 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