The “Implementing Regulation for the Law of the People’s Republic of China on the Protection of Consumer Rights and Interests” will come into effect on July 1, 2024.
With the development of the internet economy, there have been some new changes in behaviors that infringe on consumer rights and interests. In the traditional consumption market, problems such as false advertising, unfair format clauses, and infringement of prepaid consumption, are prominent. In the online consumption market, problems such as price discrimination, big data fraud, excessive collection of consumer’s personal information, and online live sales fraud, are severe. Therefore, the “Implementing Regulation for the Law of the People’s Republic of China on the Protection of Consumer Rights and Interests” (hereinafter referred to as the “Regulations”) have been issued and will…