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China to gradually regulate e-commerce

08-31-2010 14:13 BJT

China is considering gradually implementing a system of commercial registration for online sales. But the details and timing are still under discussion.

Officials from the Ministry of Commerce pointed out that how to levy taxes on online goods would be a challenge, but that it would reference taxes in the real economy and take into account the scale of each sale.

Several regions in China have already required online stores to apply for licenses and pay taxes. However, some industry insiders say the central government should regulate the development of the e-commerce industry.

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Editor:Xiong Qu |Source: CNTV.CN

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