Guangdong Takes the Lead in Regulating E-commerce Transactions
February 28, 2003 | BY
clpstaff &clp articlesOn 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.
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