China will extend its electronic invoice system to nationwide coverage in 2016 to better regulate taxation of online businesses.
It's expected to help curb tax evasion by users of C2C platforms, where individuals can easily open virtual shops.
China's two leading e-commerce operators Alibaba and JD.com have all voiced support for the policy. A Taobao shopkeeper says the e-invoice system won't be a burden if it doesn't generate extra fees.
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