BEIJING: China’s top market regulator declared initial victory over illegal practices in the scam-ridden healthcare products industry that mainly targets consumers age 60 and older, as a 100-day crackdown on substandard products and false advertising ended.
However, officials say a long-term supervision system is needed to stop the problems once and for all.
The campaign resulted in the deletion of 97,000 advertisements exaggerating the curative effects of products and the shut down of almost 3,900 websites, WeChat accounts or apps belonging to the companies. The crackdown followed a number of scams that were put under the spotlight of the country’s sprawling healthcare products industry. The scams ensnared many retirees who have money but are vulnerable to deceptive advertisements.
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