Three Carrefour stores in Shanghai fined for overc

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Three Carrefour stores in Shanghai fined for overcharging,[link widoczny dla zalogowanych]
Three Carrefour stores were fined 500,[link widoczny dla zalogowanych],000 yuan (75,[link widoczny dla zalogowanych],988 U.S. dollars) each on Saturday for overcharging customers in east China's metropolitan Shanghai, said municipal price regulators.The fine is the highest for such wrongdoing, with the tickets being issued Saturday morning.
The three stores were also ordered to correct their illegal pricing and refund overcharged customers,[link widoczny dla zalogowanych], said the regulators.A hearing will be held to decide the final amount of the fine. Carrefour representatives will be able to respond to the charges at the hearing, according to regulators.
China's price regulator announced last week that it had found several retailers cheating customers,[link widoczny dla zalogowanych], which included 11 of Carrefour's China stores.Carrefour China promised customers Saturday that it would provide refunds of five times the difference between advertised prices and incorrect prices charged at registers,[link widoczny dla zalogowanych], after it was blacklisted by Chinese authorities due to deceptive pricing.
Chen Bo,[link widoczny dla zalogowanych], spokesperson with Carrefour China,[link widoczny dla zalogowanych], apologized to Chinese customers during an exclusive interview with Xinhua.Chen said the company has started to work on this pricing issue.Carrefour China has established both short-term and long-term measures to resolve the issue,[link widoczny dla zalogowanych], Chen added.
"We will have our special control group conduct internal price inspections,[link widoczny dla zalogowanych], with wide coverage and high frequency,[link widoczny dla zalogowanych]," Chen said.Chen said the refund policy would be permanently implemented at Carrefour's 182 outlets in China,[link widoczny dla zalogowanych], with non-implementation of the policy being regarded as a violation of company rules.
The National Development and Reform Commission, China's top economic planner,[link widoczny dla zalogowanych], also urged authorities to step up price checks ahead of the Spring Festival, which falls on Feb. 3 this year.The Spring Festival holiday is usually the busiest shopping season,[link widoczny dla zalogowanych], as the public makes large purchases of food and gifts for families and friends.
China ready for Doha end-game in 2011: Chinese commerce minister
China is ready to push the decade-long Doha Round negotiations for a final success,[link widoczny dla zalogowanych], Chinese Minister of Commerce Chen Deming said here on Saturday.Speaking at the World Trade Organization (WTO) Mini-Ministerial Meeting which brought together representatives from over 20 major trading powers, Chen said that China is ready to collaborate with other WTO members in a practical and proactive manner so as to draw a successful conclusion of the Doha Round talks by the end of 2011.
A rapid conclusion of the negotiations, Chen said, will be beneficial to global economic recovery, which is to the interest of all.The commerce minister acknowledged the year 2011 as a "window of opportunity," albeit a narrow one."China will give support to the roadmap proposed by WTO Director-General Pascal Lamy,[link widoczny dla zalogowanych]," he said, adding that the country is willing to act vigorously to push forward the negotiation process.To ensure that an early final deal could be in reach, Chen said,[link widoczny dla zalogowanych], parties should set goals in a practical manner, in accordance with the ambition level, and stick to what has been achieved as well as the Doha Development Agenda (DDA), while focusing primarily on pending issues.
Held on the sidelines of the annual World Economic Forum, the WTO Mini-Ministerial Meeting is an annual event under the auspices of the Swiss Federal Government.Chen on Friday also joined discussions with his counterparts from the emerging club -- India, Brazil and South Africa, before attending the trade G7 meeting, consisting of Australia,[link widoczny dla zalogowanych], Brazil, China,[link widoczny dla zalogowanych], the European Union, India,[link widoczny dla zalogowanych], Japan and the United States.
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