The Beijing Administration for Industry and Commerce has been authorized by China's business watchdog to establish a third-party platform to supervise ecommerce transactions across the country.
The vice mayor of Beijing, Cheng Hong, told a meeting of local political advisors over the weekend that the first phase of the platform will be online this year.
Shoddy ecommerce businesses will be blacklisted.
He says the move was authorized by the State Administration for Industry and Commerce and aims to break the regional and departmental barriers in the supervision of e-commerce and further streamline the development of
