China has unveiled a comprehensive 48-article strategy aimed at strengthening fair competition and creating a unified national market. Set to take effect on April 20, the measures build on last year’s fair competition review regulations and are designed to ensure that laws and policies promote a level playing field for all market players.
The State Administration for Market Regulation explained that these reforms require a detailed review of market entry and exit rules, the free flow of goods, business operational costs, and practices. By addressing these aspects, the new guidelines seek to eliminate regional protectionism and support transparent business operations throughout the economy.
For a globally connected audience, this initiative signals an important step toward a regulated market environment that encourages sustainable growth and innovation. Business leaders, tech enthusiasts, and young professionals alike are watching closely as these measures set the stage for enhanced investor confidence and balanced competition in the market.
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China unveils new measures to bolster fair market competition
cgtn.com
