Laogao E-commerce Newsletter on March 23

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on March 23] 1. "Drinking and Anti-counterfeiting" has been accelerated and the State Council issued the "Opinions"; 2. Bao Beier responded to the fake duck blood incident in the hot pot restaurant, and issued an apology after verification; 3. Hebei Cangzhou will adjust the provident fund loan ratio from today; 4. Malaysian mainstream media like Alibaba and praised Jack Ma's eWTP to help young people realize their dreams; 5. American small companies complained about the difficulty of fighting counterfeiting on Taobao, Alibaba: No matter how big or small it is.

　　1. "Drinking and Anti-counterfeiting" has been accelerated. The State Council issued the "Opinions"

　　According to the news on March 23, after signing and approval by Premier Li Keqiang, yesterday, the State Council issued the "Opinions on Strengthening the Combating of Infringement of Intellectual Property Rights and Making and Selling Counterfeit and Slow Products under the New Situation" (hereinafter referred to as the "Opinions"), deploying further strengthening the combat against infringement and counterfeiting, ensuring the in-depth implementation of the national intellectual property strategy, maintaining a fair and competitive market order, and improving the legal, international and convenient business environment. Regarding the hot topics of concern to the whole society, the "Opinions" issued by the State Council today put forward specific measures on many aspects such as promoting cross-departmental and cross-regional comprehensive governance, improving market supervision and early warning and prevention capabilities, promoting the improvement of legal and regulatory standards and judicial protection systems, and building a co-governance pattern with multiple participation. (Source: E-commerce Online)

　　Comment: Work quickly.

　　2. Bao Beier responded to the hot pot restaurant fake duck blood incident and apologized after verification

　　On March 23, it was reported that a duck blood processing factory in Harbin used beef blood to mix water to pretend to be duck blood and directly supplied the spicy hotpot opened by Bao Beier. Bao Beier posted a message to respond to this matter: "After knowing the matter, I immediately verified with the branch manager... I was shocked when I knew the truth." He apologized to the consumer: "I will assume all the responsibility." (Source: @Bao Beier Weibo)

　　Comment: On the importance of celebrity crisis public relations.

　　3. Hebei Cangzhou will adjust the provident fund loan ratio from today

　　On March 23, Cangzhou, Hebei Province has implemented a housing purchase restriction policy starting today. If a family with a non-registered household registration already owns one or more houses in the main urban area, it is not allowed to buy housing in the main urban area; if a family with a registered household registration already owns two or more houses in the main urban area, it is not allowed to buy ordinary housing (144 square meters and below). Increase the down payment ratio of housing provident fund loans. The minimum down payment ratio for residents to purchase their first homes using housing provident fund loans has been increased to 30%; the minimum down payment ratio for purchasing second homes has been increased to 60%; and the issuance of three home loans has been stopped. (Source: First Financial Daily)

　　Comment: If a house occupies too much energy for the people, it will cause problems.

　　4. Malaysian mainstream media highly praised Alibaba and praised Jack Ma's eWTP to help young people realize their dreams

　　On March 23, the English daily newspaper Star, which has a well-known circulation, reported that the digital free trade zone launched by Jack Ma and Prime Minister Najib will create more wealth for Malaysians. In addition, Alibaba is a technology giant. Establishing a digital center for eWTP in Malaysia will encourage young entrepreneurs to take risks abroad and start businesses. "Thanks to Jack Ma for helping young people realize their dreams." On March 23, Malaysia's mainstream media gave high praise to Alibaba and Jack Ma when reporting on the launch of eWTP in Malaysia. (Source: Tianxia Online Business)

　　Comment: The image of an entrepreneur is also an important asset of the enterprise.

　　5. Small American companies complain about the difficulty of fighting counterfeiting on Taobao. Alibaba: No matter how big or small it is

　　On March 23, US media said that small and medium-sized enterprises face additional challenges when dealing with counterfeit goods on Taobao. Many people say that Alibaba's online system for reporting fakes is very cumbersome and it is easy to have problems. The Office of the U.S. Trade Representative and industry experts believe that Alibaba could and should have done more when dealing with counterfeit goods. "They are a leading technology company. An Alibaba spokesperson said the claim that small businesses are not getting attention is "wrong" and that if the information they submitted proves reliable, they can meet the fast process. He added that Alibaba's process for removing suspicious product information is in place to resolve the large number of fake complaints the company has received. (Source: Reference News Network)

　　Comment: When it comes to foreign countries, the problem is sometimes not so simple.

　　6. Kuaishou announced that it had received a strategic investment of US$350 million, led by Tencent

　　On March 23, Kuaishou, a Chinese life sharing platform, announced that it had completed a new round of financing of US$350 million. The financing was led by Tencent, and Kuaishou did not disclose whether the old shareholders represented by Baidu followed suit. According to Kuaishou, in addition to the capital level, Kuaishou will also conduct more in-depth cooperation with Tencent and Baidu in many aspects such as products, technology and services, promote the comprehensive upgrade of user experience, and further consolidate Kuaishou's leading position in the field of life sharing. (Source: Tencent Technology)

　　Comment: The more important question for Kuaishou now is how to find its own social value and assume more social responsibilities.

　　7. The eWTP hub has been landed overseas for the first time, and Cainiao will bring Chinese logistics groups to the sea

　　According to March 23, Cainiao Network recently appeared in Malaysia with more than a dozen major Chinese logistics partners and will build an international super logistics hub in Kuala Lumpur to serve eWTP (Electronic World Trade Platform). According to statistics, Chinese logistics companies arriving at Malaysia include Chinese express delivery companies including YTO, ZTO, Shentong, Best, Yunda, etc., as well as Chinese warehousing and landing distribution companies such as Xinyi, Beiling, Vientiane, Shengbang, etc. These express delivery capacity has accounted for nearly half of the world, and this is their first collective overseas trip. (Source: rookie circle of friends)

　　Comment: Explore overseas markets.

　　8. ZTE: The agreement reached with the U.S. Department of Justice has been approved to take effect

　　March 23rd news, today, ZTE issued an announcement stating that the company reached an agreement with the U.S. Department of Commerce and Security (BIS), the U.S. Department of Justice (DOJ) and the U.S. Treasury’s Overseas Asset Management Office in early March to further announce the agreement on the investigation of U.S. export restrictions. On March 22, 2017 (US time), the agreement reached between ZTE and the U.S. Department of Justice has been approved and effective by the U.S. District Court of the Northern District of Texas. ZTE was fined US$1.192 billion (about HK$9.257 billion) for violating the US export sanctions against Iran. However, US$300 million of the fines are not required as long as the authorities meet the requirements within 7 years. This is also the highest fine in the United States' export control case in history. (Source: Feixiang.com)

　　Comment: When going overseas, you must avoid more policy and legal risks.

　　9. Another women's clothing brand is going bankrupt! This time it's the American Bebe turn to close

　　March 23rd news, recently, there have been rumors that Bebe Stores Inc. will close all physical stores and focus on seeking opportunities for online survival. The news affected Bebe Stores Inc.'s stock price halved on Tuesday, plunging 44.48% to $3.57 throughout the day, with a market value of $28.8 million. The company is trying to close all 181 stores, the source said, and the company does not rule out filing for bankruptcy if creditors disagree. (Source: No Fashion Chinese Network)

　　Comment: Online and offline are not important, and whether or not core competitiveness is the key.

　　10. Mobike and ofo and other 5 companies have stated that the balance of shared bicycles can be refunded

　　March 23rd news, this morning, the China Consumers Association held a symposium on improving consumer rights protection for shared bicycle services. Representatives of Mobike, ofo, Xiaolan, Youyou and Yonganxing, five shared bicycle companies attended the meeting. At the symposium, regarding the issues of deposit and balance refund that consumers generally care about, all five companies stated that user deposit and recharge balances can be refunded. Regarding the reporter's questioning that the APP interface does not show the balance refund issue, the five companies said that they can refund the recharge balance through customer service phone number and APP feedback issues. (Source: Beijing News)

　　Comment: It’s really hard to do things.

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