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Taobao, JD.com, Meituan & 5 Other Platforms Sign Self-Regulation Convention for Food Safety Mgmt
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China's State Administration for Market Regulation has guided eight third-party online food trading platforms, namely JD-SW (09618.HK) (JD.US), MEITUAN-W (03690.HK) (MPNGY.US), Pinduoduo (PDD.US), Douyin E-commerce, Xiaohongshu, BABA-W (09988.HK) (BABA.US)'s Taobao, TENCENT (00700.HK) (TCEHY.US)'s WeChat Mini Shops, and KUAISHOU-W (01024.HK) (KUASF.US), to jointly initiate and sign a self-regulation convention on food safety management of third-party online food trading platforms, according to Xinhua News Agency. Focusing on current online food safety risk issues, this convention implements a basket of measures like the enforcement of food safety management systems, qualification information review of online food producers and sellers, and monitoring and risk investigation of online food sales behavior. AAStocks Financial News |
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