need for market order
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Need for market order

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Need for market order

Beijing - Xinhuanet

The dispute between thousands of small and medium-sized businesses and the online shopping giant to which they are attached, reveals the weakness of the law when it comes to e-commerce. Last week, immediately after Taobao Mall, the country\'s largest business-to-consumer platform, announced an up to 10-fold increase in service fees next year, thousands of small business owners united to protest online by buying up products from big sellers and then asking for refunds after giving them negative feedback. As the protest intensified, the Ministry of Commerce was forced to intervene and it urged Taobao Mall to actively respond to the concerns of the small merchandisers.As a result, Taobao Mall announced on Monday that it will postpone raising its annual service fees for its registered sellers and put forward a 1.8 billion yuan ($282.2 million) investment plan to aid the development of small and medium-sized enterprises. Taobao is clearly determined to bring order to, and upgrade the quality of, Taobao Mall, which has been repeatedly accused of selling fake and counterfeit products, in an effort to stay ahead in the country\'s ever-expanding e-commerce market. But Taobao\'s strategy of shifting the focus from the consumer-to-consumer platform, Taobao Marketplace, to Taobao Mall and the quality upgrading of the latter should not be at the expense of small enterprises. Since its establishment, Taobao has been a haven for small and medium-sized startups and entrepreneurs starting from scratch thanks to its knockdown membership threshold. And the efforts of tens of thousands of small sellers have contributed in no small way to Taobao becoming China\'s largest e-commerce platform. The desire of small venders to stick up for their interests is understandable, however, their actions in venting their wrath against innocent businesses should not be condoned. It is perhaps not surprising that such a dispute has erupted, as e-commerce is still in its infancy in China and the country still lacks sound and fully market-based commercial rules. But e-commerce is thriving and has been playing an important role in boosting domestic demand and creating more job opportunities, both of which are major concerns of the government. Therefore, defusing the dispute also can be seen as a test, as well as an opportunity, for all the players involved to iron out problems and establish fair market rules. Establishing effective rules to ensure a healthy e-commerce environment is in the interests of big and small businesses, online consumers and society. The government should play a role in helping small businesses, but only if there is no violation of market rules.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

need for market order need for market order

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

need for market order need for market order

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 15:58 2017 Tuesday ,08 August

Swim class aims to stop major cause of death

GMT 04:42 2017 Tuesday ,21 March

Support for equine industry in UAE is strong

GMT 12:51 2017 Saturday ,07 October

Saber Al Robaei ended filming of new video clip

GMT 14:39 2016 Saturday ,23 January

Draft state budge for 2016 'responsible'

GMT 09:01 2017 Wednesday ,25 October

Samir reveals details of corruption report

GMT 08:21 2017 Thursday ,07 December

French court sets 40-mn-euro bail for Russia billionaire

GMT 14:55 2017 Tuesday ,21 February

Car Bomb in SE Turkey Kills 2, Wounds 15

GMT 02:11 2017 Thursday ,29 June

Cruise tourism gains popularity

GMT 02:58 2012 Tuesday ,21 February

Eurozone within touching distance of new Greek deal

GMT 18:31 2011 Wednesday ,04 May

I control therefore I am: chimps self-aware

GMT 06:02 2017 Saturday ,21 October

Kuwait Amir commends Speaker on fiery pro-Palestinian

GMT 15:37 2017 Thursday ,10 August

Millions of Chickens Face Cull

GMT 10:52 2017 Tuesday ,14 February

Actress Shery Adel looks for diversity of her roles
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice