#Laogao E-commerce Newsletter# [E-commerce Evening News on June 19]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on June 19] 1. The third review of the draft E-commerce Law: Wechat business is included in the scope of operators; 2. Taobao releases the change of the "Providing chartered car service products must have relevant qualifications"; 3. JD.com's outstanding flagship store can be opened to "Beijing, Cang and Beijing"; 4. Tmall 618 drives health consumption demand, and medical service sales surge by 640%; 5. Jack Ma promises: to help Malaysian small and medium-sized enterprises benefit from the "Chinese solution"...

　　E-commerce newsletter:

　　1. Third review of the draft E-commerce Law: Micro-businesses are included in the scope of operators

　　On June 19, my country's first comprehensive law in the e-commerce field, "E-Commerce Law (Draft)," was submitted to the Standing Committee of the People's Congress for the third time for deliberation. It was suggested that within the scope of e-commerce operators, those who sell goods or provide services through WeChat, online live broadcasts, etc. should be included. At the same time, the draft also clarifies that e-commerce operators with market dominance shall not abuse their market dominance and exclude or restrict competition. For a long time, legislative lag and regulatory gaps have caused many contradictions and problems in the development of e-commerce. After the above laws are passed, they may be expected to fill many legal gaps in the field of e-commerce. (Pengpai News)

　　2. Taobao released the change news of "Providing chartered car service products must have relevant qualifications"

　　On June 19, Tmall recently issued a public notice on the change of the "Taobao Products Banned Products" on the interpretation of the rules for providing chartered car services, adding the situation of controlling the products for providing chartered car services. It is reported that this rule will officially take effect on June 28. The announcement shows that goods and services that have not obtained business qualifications related to group tours, outbound tours, visas, chartered cars and other businesses; general violations will be deducted 12 points each time; if the circumstances are serious, forty-eight points will be deducted each time. Specific circumstances include but are not limited to: 1. Domestic/overseas group tourism business, outbound tourism business, visa agency business, etc., except for those who have passed the Fliggy's relevant qualification review. 2. Chartered passenger transport business and tourism business including chartered bus services, except for those who have passed the Fliggy's relevant qualification review. (Taobao rules)

　　3. JD.com’s Outstanding Flagship Store can be opened for “Kyokura and Jingfu”

　　On June 19, JD.com announced that it opened a flagship store in JD.com Mall - JD.com Life's official flagship store opened today. From the perspective of products, it includes three categories: life, light technology, and light fashion. Currently, a total of 15 products are launched, and a total of 12 brand manufacturers including Sonas, Hulk and Saito are authorized. In addition, JD.com’s Outstanding said that all products are “Jingkang and Jingfu”, which are powered by JD.com Warehousing and JD.com Logistics. It is understood that JD Outstanding is a brand under JD Crowdfunding. JD Outstanding products are from JD crowdfunding merchants and must be projects that have received user support and praise, including home, clothing, food, etc. (Yibang Power Network)

　　4. Tmall 618 drives health consumption demand, and medical service sales surge by 640%

　　36Kr learned that Tmall Pharmaceutical Center has driven a rapid growth in demand for various health consumption in 618 this year: sales of medical services surged by 640% year-on-year, sales of bagged wolfberry exceeded one million pieces, sales of bird's nest increased by 423%, transaction amount of smart medical devices increased by 926%, and orders for pharmacies in Hefei, Hengyang, Fuzhou and other places increased by more than 400% year-on-year. (36Kr)

　　5. Jack Ma promises: Help Malaysian small and medium-sized enterprises benefit from the "China solution"

　　According to the star, Alibaba's Ant Financial is working with local Malaysian partner Touch'n Go to develop a cashless payment application for Malaysians to achieve "code consumption" in China. In response, Alibaba Group Executive Chairman Jack Ma said in an interview that Ant Financial will continue to strengthen cooperation with Malaysian partners to make it a reality. (Global Network)

　　Internet Information

　　6. The 5G networking standard has been determined and the complete standard needs to be waited until December 2019.

　　According to the 5G standardization process determined by 3GPP, it is expected that in December 2019, the complete 5G standard that meets all requirements of the International Telecommunications Union (ITU) will be completed. (IT Times)

　　7. After the takeaway restaurant launched Didi takeaway, it encountered a "Waterloo" in Meituan Takeaway

　　A takeaway restaurant in Nanjing recently asked the media for help: In just three days, the store's ranking on the Meituan takeaway platform fell from the top three in the business district to outside the rankings; the store's exposure rate dropped from the highest average daily number of views of 15,000 to less than 700 times. Affected by this, the store's daily order volume on the Meituan takeaway platform has dropped from the highest average of 300 orders per day to less than 20 orders per day. The store owner Mr. Yang said that the "Waterloo" of this series of indicators began after he launched the store to Didi Takeout. (Nanjing Radio Network)

　　8. Alibaba Gaode promotes the city brain and smart transportation strategy, saving 10% time on users' travel

　　Gaode Map and Alibaba Cloud jointly released the Urban Brain and Smart Transportation Strategy today, and the Urban Brain and Smart Transportation Public Service Edition also made its first debut. Dong Zhenning, vice president of Gaode Map, revealed that Alibaba Gaode City Brain Smart Transportation will be launched in 50 cities including Beijing, Shanghai, Guangzhou, Hangzhou, etc., with its vision to save 10% of time on average for each user to travel. (Tencent)

　　9. 58's company may be preparing for A-share listing Yao Jinbo: He is willing to actively embrace the A-share market

　　Yao Jinbo said in an interview that we are not very concerned about whether the market regards 58 as a unicorn company, and we are willing to actively embrace the A-share market. We will encourage some unicorn companies that we own or invest in, such as Zhuanzhuan, Guazi Used Car, 58 Daojia, 58 Express, e-Driving, Tubatu, etc., to encourage them to list on the A-share market, and some companies are already in this process. ” (Shanghai Securities News)

　　Cross-border e-commerce

　　10. Cross-border e-commerce note: The United States plans to impose a 10% tariff on US$200 billion of Chinese goods

　　According to BBC NEWS, the Trump administration in the United States said it plans to impose 10% tariffs on $200 billion of Chinese goods. In addition, Trump also said that if China continues to fight back, the United States will add additional tariffs on an additional $200 billion in Chinese goods. It is worth noting that last week, the Trump administration of the United States announced an additional 25% tariff on Chinese goods imported to the United States worth about $50 billion. At that time, the spokesperson of the Ministry of Commerce said on the same day that China and the United States had conducted multiple rounds of consultations on economic and trade issues, striving to resolve differences and achieve a win-win situation. What we deeply regret is that the US side disregards the consensus that has been formed between the two sides, and provokes a trade war. This move not only harms bilateral interests but also undermines the world trade order. China firmly opposes this. (Yibang Power Network)