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China's commerce regulator meets Alibaba's Ma Yun

Xinhua, January 30, 2015 Adjust font size:

he head of China's commerce regulator met with Alibaba's chairman Ma Yun on Friday to exchange opinions on joint efforts to fight fake products.

During the meeting, Zhang Mao, minister of the State Administration for Industry and Commerce (SAIC), reaffirmed Alibaba's positive efforts in safeguarding consumer rights, purifying the business environment and promoting self discipline.

Meanwhile, there are currently some problems haunting online shopping platforms, Zhang said, adding that the SAIC should find new ways of supervision and set up a mechanism for communication and interaction in an effort to promote the healthy growth of Internet economy.

Ma said online shopping is a new and rapidly growing sector in China, which should be further regulated and improved.

"Alibaba has always been engaging in combating fake products to crack the hard nut. Next, Alibaba will actively cooperate with the government, devote more capital and technology and further expand its professional team for fighting fakes," Ma said. Endi