Guangdong Takes the Lead in Regulating E-commerce Transactions

February 28, 2003 | BY

clpstaff &clp articles

On December 6 2002 the Guangdong Provincial People's Congress passed the Guangdong Province, Electronic Transactions Regulations (the Regulations). These are the first regulations in China to address the particulars of electronic transactions.

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According to the Guangdong Information Industry Department, last year the value of electronic transactions in the province amounted to over Rmb20 billion, and accounted for about one eighth of the