China to accelerate building of unified national market: top market regulator
3 months, 2 weeks ago

China to accelerate building of unified national market: top market regulator

China Daily  

WUHAN -- China will promote fair market competition and speed up the building of a unified national market, Luo Wen, head of the State Administration for Market Regulation, said Tuesday. The country will focus on improving legal systems, policy coordination, regulation and law enforcement, and the connection of rules, to achieve these goals, Luo said at the opening ceremony of the 2024 National Fair Competition Conference of China in Wuhan, Central China's Hubei province. Fair competition is a fundamental principle of the market economy, an inevitable requirement for a unified market, and an important foundation for opening up and cooperation, Luo noted. In recent years, market regulatory authorities in China have strengthened competition supervision and law enforcement, and improved the fair competition system.

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History of this topic

Nation to build unified market
2 months ago

Nation to build unified market

China Daily  

By Wang Keju | China Daily | Updated: 2024-10-19 07:35 A view of the Huangpu River in Shanghai. China will push ahead with the building of a unified national market as part of the country's efforts to foster a more equitable and well-ordered development environment for market players, the State Council — the nation's Cabinet — said on Friday. The …

Regulations seek to create fairer competition
3 months, 1 week ago

Regulations seek to create fairer competition

China Daily  

China brought into force new regulations for fair competition reviews in August, as part of the country's efforts to create a level playing field that benefits businesses of all types and builds a unified domestic market free from regional protectionist practices, officials and experts said. This policy mandates that any regulations, normative documents and policy measures formulated by government agencies, …

Regulations seek to create fairer competition
3 months, 1 week ago

Regulations seek to create fairer competition

China Daily  

China brought into force new regulations for fair competition reviews in August, as part of the country's efforts to create a level playing field that benefits businesses of all types and builds a unified domestic market free from regional protectionist practices, officials and experts said. This policy mandates that any regulations, normative documents and policy measures formulated by government agencies, …

China makes progress in creating level playing field for market players
4 months, 1 week ago

China makes progress in creating level playing field for market players

China Daily  

The skyline of Beijing. BEIJING - China has made steady progress in leveling the playing field for all market players as it seeks to promote high-quality development of the country's market regulation sector, Zhou Zhigao, an official of the State Administration for Market Regulation, told a press conference Friday. He shared that recent years had seen the SAMR continuously exerting …

Stronger 'institutional cage' to prevent power distorting market
4 months, 2 weeks ago

Stronger 'institutional cage' to prevent power distorting market

China Daily  

China's new regulations on fair competition reviews came into force on Thursday, filling the legislative gap in the field. Although China founded its fair competition review mechanism in 2016, some local protectionism and market segmentation behaviors have not been completely addressed, which has hindered the free flow of production factors and reduced the efficiency of resource allocation and economic operations. …

Stronger 'institutional cage' to prevent power distorting market
4 months, 2 weeks ago

Stronger 'institutional cage' to prevent power distorting market

China Daily  

China's new regulations on fair competition reviews came into force on Thursday, filling the legislative gap in the field. Although China founded its fair competition review mechanism in 2016, some local protectionism and market segmentation behaviors have not been completely addressed, which has hindered the free flow of production factors and reduced the efficiency of resource allocation and economic operations. …

Explainer: Whys and whats of China's unified domestic market
2 years, 6 months ago

Explainer: Whys and whats of China's unified domestic market

China Daily  

What changes will it bring to enterprises and consumers? The guideline includes plans covering six areas, including market regulation and supervision, the submarkets of factors and resources and goods and services, and measures against unfair competition and market intervention. China will strengthen the unity of basic market institutions in property rights protection, market entry, fair competition and social credit. Efforts …

Explainer: Whys and whats of China's unified domestic market
2 years, 6 months ago

Explainer: Whys and whats of China's unified domestic market

China Daily  

People enjoy a bird's-eye view of residential complexes in Fuzhou, Fujian province, in April. Highly efficient, rules-based, fair and open, its super large potential awaits unveiling BEIJING－China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development. China defines a unified domestic market as highly …

Explainer: Whys and whats of China's unified domestic market
2 years, 7 months ago

Explainer: Whys and whats of China's unified domestic market

China Daily  

People enjoy a bird's-eye view of residential complexes in Fuzhou, Fujian province, in April. Highly efficient, rules-based, fair and open, its super large potential awaits unveiling BEIJING－China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development. China defines a unified domestic market as highly …

Explainer: Whys and whats of China's unified domestic market
2 years, 7 months ago

Explainer: Whys and whats of China's unified domestic market

China Daily  

What changes will it bring to enterprises and consumers? The guideline includes plans covering six areas, including market regulation and supervision, the submarkets of factors and resources and goods and services, and measures against unfair competition and market intervention. China will strengthen the unity of basic market institutions in property rights protection, market entry, fair competition and social credit. Efforts …

Reforms to boost nation's market fairness
3 years, 1 month ago

Reforms to boost nation's market fairness

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Actions include strengthening anti-monopoly regulation to promote common prosperity China will accelerate reforms to encourage fair competition in the market, spur the vitality of smaller companies and offer private business owners greater tax incentives to give back to society, which is crucial for the country to …

China to invigorate market entities
3 years, 8 months ago

China to invigorate market entities

China Daily  

China will roll out new measures to deepen the reform of government functions, in a bid to further energize market players and boost the momentum of development, the State Council executive meeting chaired by Premier Li Keqiang decided on March 31. Experience gained from last year shows that efforts in this regard played a vital role in keeping China’s economic …

China unveils antitrust guidelines on platform economy
3 years, 10 months ago

China unveils antitrust guidelines on platform economy

China Daily  

The State Council, China's cabinet, on Feb 7 unveiled antitrust guidelines on the country's platform economy to ensure fair market competition and promote the innovative and healthy development of the sector. To identify market dominance abuse behaviors in the sector, it is usually necessary to define the relevant market and analyze whether a platform operator has a dominant position in …

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