Core Viewpoint - Douyin E-commerce has implemented new measures to reduce the entry and operational costs for merchants, including a "0 yuan entry" policy and significant reductions in deposit requirements, aimed at supporting small and medium-sized businesses. Group 1: New Merchant Policies - Douyin E-commerce has introduced a "0 yuan entry" policy for new merchants, allowing them to join the platform without paying a deposit initially, and only requiring a deposit once their order volume exceeds 200 or total order value exceeds 10,000 yuan [1] - The "0 yuan entry" feature has been expanded to all categories, following a previous rollout in February for 1,345 subcategories, significantly alleviating the financial burden on new merchants [1] Group 2: Deposit Reductions - The basic deposit requirements have been significantly lowered, with new tiers set at 500 yuan, 2,000 yuan, and 5,000 yuan based on the previous month's GMV of 50,000 yuan and 100,000 yuan, representing an average reduction of 75% [2] - Merchants can withdraw excess funds from their deposit accounts weekly after the new regulations take effect [2] Group 3: Simplified Deposit Rules - The deposit collection rules have been simplified to be based solely on GMV, rather than being tied to specific categories, allowing merchants to adjust their business strategies without affecting their deposit obligations [3] Group 4: Consumer Protection and Compliance - Douyin E-commerce has committed to implementing risk control measures to protect consumer rights and maintain a fair competitive environment [4] - The platform has initiated a crackdown on false advertising, particularly in categories like food and hardware, and will restrict merchants with a history of violations from participating in the "0 yuan entry" program [8][10] - The platform will continue to monitor and address false advertising practices, focusing on organized and malicious violations, and will periodically publish lists of violators [10]