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China issues rules to regulate pricing practices of internet platforms

China

China

China

China issues rules to regulate pricing practices of internet platforms

2025-12-21 01:06 Last Updated At:08:27

China released new rules on Saturday to regulate pricing practices of internet platforms, a move aimed at fostering innovation and promoting the sound development of the platform economy.

The rules, jointly issued by the National Development and Reform Commission, the State Administration for Market Regulation, and the Cyberspace Administration of China, aim to regulate pricing behavior, enhance transparency, and strengthen coordination mechanisms to cultivate a robust platform ecosystem.

Under the rules, clearer guidance has been provided on the pricing practices of platform operators and merchants to foster fair competition.

The rules also reinforce protections for merchants' independent pricing rights by explicitly prohibiting platform operators from imposing unreasonable restrictions or attaching unjustified conditions to merchants' pricing decisions.

Furthermore, the rules aim to better protect consumers' legitimate rights and interests by enforcing clear price labeling, promoting transparency in dynamic and differentiated pricing mechanisms, and regulating services such as password-free payments, automatic renewals, and unsolicited deductions to safeguard consumers' rights to information and choice. The rules will take effect on April 10, 2026. Relevant authorities will require major platform operators to conduct self-inspections in line with regulatory standards to ensure proper implementation.

China issues rules to regulate pricing practices of internet platforms

China issues rules to regulate pricing practices of internet platforms

The Yangpu International Container Port in Danzhou, south China's Hainan Province, reached a new milestone on Thursday as its annual container throughput surpassed three million 20-foot equivalent units (TEUs), officially placing it among the ranks of international hub ports.

The port added three large-scale berths this year to boost handling capacity and improve efficiency.

Over the years, it has undergone a profound transformation. Once a small, remote harbor focused mainly on domestic trade with limited container-handling capacity, Yangpu has grown into a key node in the global shipping network. Its shipping routes now connect Southeast Asia, the Middle East, and other Belt and Road Initiative partner countries.

After the launch of the Hainan Free Trade Port, Yangpu Port has capitalized on "zero-tariff" policy incentives to expand capacity and enhance customs efficiency, strengthening its role as a higher-level gateway linking China with global markets.

On Thursday, China rolled out island-wide special customs operations in the Hainan Free Trade Port -- the world's largest free trade port by area -- easing access for overseas goods, expanding zero-tariff coverage, and introducing more business-friendly measures.

Hainan’s Yangpu port reaches new milestone in annual container throughput

Hainan’s Yangpu port reaches new milestone in annual container throughput

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