China drafts new rules regulating pricing for Internet platforms


Employees sort boxes and parcels at the logistic centre of a express delivery company in Wuhan, Hubei province, China, November 12, 2015. - Reuters file

BEIJING: China’s regulatory bodies have drafted new rules for internet platform pricing, the National Development and Reform Commission said in a statement on Saturday (Aug 23). 

The regulations jointly rolled out by the NDRC, the State Administration for Market Regulation and the Cyberspace Administration of China aim to establish a transparent and predictable pricing supervision mechanism, according to the statement.

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