Hey there, tech fans and bargain hunters! 💡 Ever wondered how your favorite apps decide what to charge? The Chinese mainland’s top regulators are now asking YOU to chime in. 🎤
On Saturday, the Chinese mainland’s National Development and Reform Commission (NDRC), State Administration for Market Regulation, and Cyberspace Administration of China unveiled a draft regulation on price-related acts for internet platform companies. Their goal? To make pricing rules clearer, boost transparency, and keep things fair in the digital marketplace. 🌐⚖️
Key highlights of the draft:
- Independent pricing: Platforms must set prices in line with the law.
- Clear labels: No sneaky fees beyond the listed price.
- Fair competition: Rules to curb cut-throat practices.
According to an NDRC official, this move will build a transparent, predictable system that protects both consumers and platform operators. 🤝
Want to have your say? The draft is open for public feedback for one month. Check out the public notice and drop your thoughts before the deadline! 📝
Reference(s):
cgtn.com
