the Beijing Business Today reported.

Along with the popularity of group purchasing are a growing number of consumer complaints and fraud cases involving group purchasing. The Beijing Business Today report said that other regulators,christian louboutin pas cher, including the Ministry of Industry and Information Technology and the State Administration for Industry and Commerce,ralph lauren pas cher, are also planning to introduce related regulations.
By the end of August,polo ralph lauren pas cher, China had 1,polo ralph lauren homme,215 group pruchasing websites and the number is still surging rapidly, according to a report by the China e-Business Research Center. And market research company Analysis International predicted the market size will approach one billion yuan by the end of this year.
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The specific rules for the system will be released on Oct 29,louboutin pas cher, the Beijing Business Today reported.
The system is designed to rate group purchasing websites in an attempt to guide the market and will not force existing websites out,chaussure louboutin pas cher, analysts said,chaussure louboutin, but they believe some websites with limited capital and low rating will be weeded out by the market.
A person in charge of a group purchasing website told reporters that the registered capital threshold for applying websites is at least 500,000 yuan ($75,polo ralph lauren,000).
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