MLM News

Friday, August 12, 2005

China approves draft direct sales legislation - report - Forbes.com

China approves draft direct sales legislation - report - Forbes.com: "The State Council, China's cabinet, has approved a draft law governing direct sales, the National Business Daily reported.

Citing an unidentified industry source, the newspaper said the law is expected to be officially launched next month.

According to the draft law, the maximum commission for salespeople engaged in direct sales will be 30 pct, up from the 25 pct decided last year at a meeting in Xiamen to discuss the draft law. "