China’s first e commerce law is expected to seek advice in the second half

China’s first e-commerce law is expected to seek advice in the second half

[TechWeb] reported on February 28th news, according to sources, China’s first "Electronic Commerce Act (Draft)" is expected in the second half of this year to the various departments, enterprises, industry associations, experts and other public comments.

is reported that the draft tentatively divided into 130, covering electronic contracts, online payment, e-commerce personal information protection, e-commerce consumer protection, etc..

also proposed the "draft", "Electronic Commerce Act" the legislative purpose and the purpose is to promote the steady development of electronic commerce and information exchange, electronic commerce security, protect the legitimate rights and interests of the parties in electronic commerce, enhance e-commerce market credibility, promote the healthy development of the socialist market economy.

it is understood that in December 27, 2013, the NPC Financial and Economic Committee held e-commerce law drafting group established its first plenary meeting cum, now the establishment of the drafting group of experts in Beijing, and is expected in January 2015 to early 2016 to complete the drafting of the draft law.

previously, on the promotion of domestic trade circulation system reform of the business environment of the rule of law (Draft), also made it clear to accelerate e-commerce legislation". Relevant departments have completed the preliminary research work, the corresponding program has been launched, and strive to complete the draft law in the second half of 2015.

it is reported that, in recent years the development of e-commerce by leaps and bounds, become the leading power of the world economy, standardize the electronic commerce, consumer protection, electronic commerce security has become an important task of national legislation can not be ignored.

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