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Regulation for smooth retailer-supplier transactions

08
Feb '07
Chengdu city is going to revise 'Management measures on fair transaction between retailers and supplier', which will prohibit 14 fees charged by the retailers from suppliers.

Retailer's charge about 14 different kinds of fees from suppliers like entry fees, marketing service fees, New Year fees etc.

This regulation will provide fair platform to suppliers and retailers to trade. If any retailer will violate these rules then he will be fined up to RMB30,000.

Fibre2fashion.com News Desk-China


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