China wants to ban online sale of counterfeit products

China wants to ban online sale of counterfeit products

The Chinese government wants to get rid of counterfeit products online within the next three years. One way to do so is to check online transactions more often, according to a statement from the Chinese government on Saturday.

Make real name mandatory online

To combat the online sale of counterfeit goods, the Chinese government wants to force buyers to use their real name online instead of a nickname. It will also use electronic tags so that it can more easily track fraudulent people. On top of these measures, it will improve its legislation, improving the exchange of information between the country's many regions.

 

China became a member of the World Trade Organization in 2001, which means it would respect intellectual property rights and it has tried to fend off the production of counterfeit items ever since. China's official press agency Xinhua says more than 40 % of all items sold online in China last year were either counterfeit or of poor quality. Particularly more expensive items, like Louis Vuitton and iPhones, are a popular target.

Questions or comments? Please feel free to contact the editors


Rocket Internet wants to go public with Home24

19/01/2018

Rocket Internet wants to go public with its furniture web shop Home24 in the summer. During the next few months, it will work tirelessly to improve the web shop’s results.

Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Will free home delivery disappear?

15/12/2017

A growing number of online orders also brings additional pressure on the logistical industry. Free home delivery can no longer be maintained according to research company ECC Köln. More flexible options should be installed.

Amazon brings its private labels to Europe

14/12/2017

After it introduced Amazon Prime to an increased number of European markets, Amazon is now bringing in its own FMCG private labels. Over the past few weeks, the online department store launched several private label products in Europe and it has plans for even more. 

Amazon Echo is now available in the Benelux

11/12/2017

Amazon announced it will ship its smart speaker Amazon Echo to another 28 countries, including Belgium and the Netherlands. Its own music streaming service will also get a local launch.

Luxury manufacturers can block retailers from selling on Amazon

07/12/2017

Luxury product manufactures can block retailers from selling their merchandise on online marketplaces like Amazon. The European Court of Justice has ruled on the matter after cosmetics manufacturer Coty filed a complaint.

Back to top