Over 40 % of China's online goods shoddy, counterfeit, says report

November 03, 2015 07:56

In a big set back to China's e-commerce giants like Alibaba, an official report submitted to the Chinese lawmakers said only 58.7 per cent of items in online trades were genuine or of good quality last year with the remaining 40 per cent shoddy or counterfeit.

According to the report on implementation of the Law on the Protection of the Rights and Interests of Consumers, Commerce authorities across the country received 77,800 complaints last year concerning online orders, a staggering increase of 356.6 per cent.

The report, heard at a plenary meeting of the NPC Standing Committee presided over by top legislator Zhang Dejiang, urged tightened management on online trade, state-run Xinhua news agency said.

The report said China has overtaken the US as the world largest online retail market with $442 billion compared to US nearly $300 billion last year.

« Back to LIVE

TOP STORIES

In Pictures - Manchester City continue march; Burnley relegated

Manchester City took another decisive step toward an unprecedented fourth successive Premier League title with a 4-0 demolition of Fulham.

IPL PIX: KKR outclass MI; storm into play-offs

Kolkata Knight Riders outclassed Mumbai Indians by 18 runs in the rain-hit IPL 2024 match in Kolkata on Saturday.

Wrestling: Aman seals Paris Olympics quota

Aman Sehrawat is the first Indian male wrestler to secure berth for the Paris Olympic Games

Modi will make Amit Shah PM, finish Yogi politically: Kejriwal

A day after his release on interim bail, Delhi Chief Minister Arvind Kejriwal launched a blistering attack on Prime Minister Narendra Modi, alleging he was on a 'One nation, One leader' mission to impose 'dictatorship' by putting all...

Kejriwal holds first roadshow after his release from jail

Aam Aadmi Party convenor and Delhi Chief Minister Arvind Kejriwal on Saturday asserted that the Bharatiya Janata Party will not form the government on June 4 and said if the Indian National Developmental Inclusive Alliance (INDIA) comes...