e-commerce-oversight-regulationsA national quality monitoring center for cross-border e-commerce was launched on October 27, 2016 in Hangzhou, China’s e-commerce capital.

The online system, approved by the General Administration of Quality Supervision, Inspection and Quarantine in June 2015, went into operation after more than a year’s preparation. The platform will form a big data center to monitor cross-border e-commerce and will have several functions, such as risk monitoring, evaluation and treatment, quality source tracing, and credit rating.

Wang Yichen, an official with the Hangzhou entry-exit inspection and quarantine bureau, said the center will lower risks concerning commodity quality, protect consumer rights and help create a safer and more trustworthy e-commerce environment.

The center has agreed to cooperate with Alibaba’s cross-border retail platform Tmall International on policy innovation, data sharing, quality supervision and information exchange.

China currently has over 5,000 cross-border e-commerce platforms. The Ministry of Commerce predicts the volume of cross-border e-commerce will reach 6.5 trillion Yuan in 2016 and that it will soon account for 20 percent of China’s foreign trade.

Source: China Daily