Business News Live: China sets up platform to police gaming firm violations

12:50 P.M.

China sets up platform to police gaming firm violations

Chinese regulators have set up a platform that allows the public to report on gaming companies they believe are violating restrictions on online game times for children, PTI reported.

It enables holders of Chinese ID cards to report violations and furnish proof, effectively giving the public the power to police gaming firms such as Tencent and NetEase.

This follows China’s decision to impose the time limits of just three hours a week for minors to combat internet games addiction in children. Gaming companies are expected to enforce the limit of 1 hour of online games on Friday, Saturday and Sunday between 8 p.m. and 9 p.m. An earlier limit allowed 90 minutes on most days.

12:40 P.M.

GST Council meet begins

The meeting of the GST Council to decide on extending tax concession to 11 COVID-19 drugs, and review tax rates of over 4-dozen items, like oncology medicine and coconut oil, began today, PTI reported.

The 45th meeting…

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