19 FIRMS TO START DIRECT-SELLING BUSINESS
AsiaInfo Services, July, 2006
AsiaInfo Services 07-19-2006 19 Firms to Start Direct-selling Business CHINA, Jul 19, 2006 (SinoCast via COMTEX) -- Nineteen companies, including Avon, have released their statements to develop direct-selling business on the official website of the Ministry of Commerce. To our surprise, such better-known companies as Amway, Tiens and Prefect are not included. Avon, an industry bellwether, has got the license to conduct the direct-selling business and the other eighteen companies have handed over their applications to the Ministry of Commerce. The contents of their statements are basically consistent with the framework set by the Ministry of Commerce, including development information filing and the disclosure system, the promise of not engaging in multi-level...
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