China has rolled out a comprehensive set of measures to improve the implementation of its fair competition review regulations in an effort to ensure a level playing field for all market players and build a unified national market free from regional protectionist practices.
The 48-article measures, set to take effect on April 20, outline specific requirements for the review process, clarify departmental responsibilities, define review standards, and establish mechanisms, procedures, and supervisory measures, according to the State Administration for Market Regulation (SAMR) on Tuesday.
The fair competition review regulations, enacted last year, are designed to prevent government authorities from introducing policies or measures that could exclude or restrict market competition. Under these regulations, authorities are required to conduct reviews when drafting laws, rules, or policies related to business activities. These reviews will assess potential impacts on market entry and exit, the free flow of goods, and business operation costs and practices.
In addition to these measures, SAMR announced plans to launch initiatives aimed at enhancing its fair competition review capabilities. These efforts seek to eradicate practices that hinder the establishment of a unified national market and undermine fair competition.
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