40% Of China's Online Stores Sell Fake And Shoddy Goods.

China has been trying to get rid of the stigma of piracy and the origin of fake and shoddy goods, no matter the luxury retailers LVMH group is a headache. Last year, the electricity business turnover increased by 40%, and online orders received 77800 complaints from customers.

According to the report, over 40% of Chinese online stores sold fake and shoddy goods last year, which indicates that there are huge problems in the fast growing e-commerce industry.

According to reports, materials submitted to China's Supreme Court on Monday showed that less than 59% of the products sold online last year were "genuine quality goods". China has been trying to get rid of the stigma of piracy and the origin of fake and shoddy goods, which is aimed at targeting the Chinese market. Luxury brand For example, whether luxury retailers LVMH group or iPhone manufacturer Apple Corp is a headache.

Chinese e-commerce giant Alibaba The group has repeatedly been away from the fake black list of the US, but this year it is still unable to escape the fate of doubt, and is again suspected of selling fake products on the shopping platform. The report calls for accelerating e-commerce legislation, improving oversight mechanisms, and defining consumer rights and business responsibilities. It also adds that with the rapid rise of electricity providers, these measures are essential. Last year, business turnover increased by 40% to 2 trillion and 800 billion yuan (441 billion 840 million US dollars).

China hopes to improve the protection of consumers by electricity providers, because many consumers still do not know how to claim online or obtain online suppliers' account information. The report added that last year Online order The number of complaints received by customers reached 77800 orders, a 356.6% increase over 2013.