China opens public consultation on pricing rules in the platform economy.

247 - Chinese authorities announced on Saturday the opening of a public consultation on a draft regulation for pricing practices by companies in the so-called platform economy. This information was released by [source missing]. Global TimesThe goal is to promote the healthy development of the sector, ensure greater transparency, and strengthen the protection of the rights of consumers and operators.

The draft regulation was developed jointly by National Development and Reform Commission (NDRC), State Administration for Market Regulation and China Cyberspace AdministrationThe text proposes guidelines for digital platforms to set prices independently, in accordance with the law, establishing clear rules for price labeling and regulating competition in the sector.

Transparency and predictability

According to the NDRC, the intention is to create a transparent and predictable regulatory mechanism capable of preventing abusive practices. "Platform economy operators are required to clearly indicate the prices or pricing patterns of products and services on their websites and related channels, without charging additional fees beyond what is indicated," the draft states.

The proposal was formulated based on existing laws and regulations in the country and seeks to preserve a fair market environment, balancing the interests of companies and the protection of consumers.

Public consultation

The text will be available for public contributions for one month. With this measure, the Chinese government intends to gather suggestions that can improve the regulatory framework, ensuring that the digital sector continues to expand in a healthy manner and in line with the country's economic development guidelines.