China's market regulator summoned major e-commerce platforms like Alibaba, JD.com, and Pinduoduo over marketing malpractices, including misleading ads and inadequate rule disclosures, as the "618" shopping festival approaches. This is part of an effort to curb "involution-style" competition.
Aksu Market Supervision Bureau launches a special rectification for the gold recycling industry following online reports of suspected metering fraud and short-weighting. Police have opened an investigation, and the bureau is assisting with evidence collection. Businesses must comply with regulations or face strict penalties.
Beijing's market regulator met with 17 major online platforms to regulate business practices during the '6.18' shopping festival, urging an end to irrational subsidies, fair competition, and compliance with food safety, content, and tax regulations.
Guilin Qixing District Market Supervision Bureau is investigating a cake shop for using the Liuzhou earthquake for commercial marketing. The bureau confirmed the shop's actions and has initiated a case, reminding businesses to avoid using disasters for promotion.
