Articles tagged with: online shop
Industry outlook »
ONLINE shop owners in Beijing will be required to apply for business licenses beginning August 1, according to the local administration bureau of industry and commerce. The rule, the first of such a kind in China, will affect 30 million people who do business on the Net. Some believe it is a step the government has taken because it wants to tax online shop owners. In 2001, online businesses in China earned 400 million yuan. In 2007, Chinese spent 59 billion yuan online. Regulating and taxing virtual businesses has long …






