The Legal Framework For E Commerce

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(Political factors:
China has strong political system, which can help to boost its economy. Various new regulations are passed in their congress and these formal and informal rules help the economy to become stronger. It has the effective policy for the investors to invest their amount in various industrial sectors and government is also focusing on the development of e-commerce.
The government has strong and firm commitment to flourish the business and increase the production of items of different types. The industrial sector has strong and impressive political support, which can help to boost its economies and the right and just regulations can help to keep it on the right path of growth and success)

Political factors which impact china are:
- Legal issues – the legal framework for e-commerce is still in its early stage. China has little experience for drafting e-commerce legislation for topics like intellectual property rights protection and tax. There aren’t any regulations supporting the privacy, recognition of digital signatures, consumer rights and validation of electronics contracts yet.
- Government regulations – both formal and informal rules, which firms must abide by, impact the country. Many people claim that the political force is the most unsettled force. Over the past few years, the government focused on the development of e-commerce.
In terms Economics, since five year ago, China’s economy experienced significant GDP growth rate. Reports suggest that if
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