China to implement new Internet regulation

China will implement a new regulation to further control the online industry after a dispute between two Chinese Internet giants, Tencent and Qihoo 360, caused harm to their users, the Ministry of Industry and Information Technology said Wednesday.

Zhang Feng, director of the ministry’s Department of Communications Development, made the announcement at a press conference concerning China’s first-quarter industrial operations.

“We have finishing soliciting opinions for the new regulation and will publish it soon,” Zhang said.

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