The Chinese mainland is shaking things up! 🚀 In an effort to level the playing field for all market players, new measures have been unveiled to boost fair competition. A set of 48 detailed articles, set to take effect on April 20, aims to create a unified national market free from regional protectionism.
These measures outline clear review requirements and assign responsibilities across departments to ensure that business activities—from market entry and exit to the free flow of goods—are conducted with transparency and fairness. This fresh move follows last year’s regulations on fair competition review, designed to prevent exclusionary or restrictive practices.
For business enthusiasts, entrepreneurs, and curious minds, this development is a game-changer! It promises a more competitive, innovative market where every player gets a fair shot. Stay tuned for more updates as these initiatives roll out and reshape market dynamics. 💡
Reference(s):
China unveils new measures to bolster fair market competition
cgtn.com
