New China Consumer Protection Law enters into force
According to the Chairman´s Order No. 7 of the People´s Republic of China, the newly revised Law of the People´s Republic of China on Protection of the Rights and Interests of the Consumers (Consumer Protection Law) (1) became effective on 15 March 2014.
According to the Chairman´s Order No. 7 of the People´s Republic of China, the newly revised Law of the People´s Republic of China on Protection of the Rights and Interests of the Consumers (Consumer Protection Law) (1) became effective on 15 March 2014. The new law supersedes the previous Consumer Protection Law enacted in 1993.
The revision of the new Consumer Protection Law was made to increase consumer protection through regulating business practices, formalising a market surveillance system as well as strengthening consumers´ rights. The law sets out an array of penalty levels in case a business does not comply with the requirements under this law.
