Published: 16:06, March 18, 2025
China unveils new measures to bolster fair market competition
By Xinhua
Customers buy vegetables at a supermarket in Mengzi, Southwest China's Yunnan province, May 11, 2022. (XUE YINGYING / XINHUA)

BEIJING - China has introduced a set of measures to enhance 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, due to take effect on April 20, provide details on the overall review requirements, departmental responsibilities, review standards, mechanisms and procedures, as well as supervisory measures, the State Administration for Market Regulation said on Tuesday.

READ MORE: China's market regulator assures industry leaders of fair market environment

Regulations on fair competition review were enacted last year to prevent authorities from rolling out measures that exclude or restrict market competition.

When formulating laws, rules and policies related to business activities, the authorities will be required to conduct such reviews over aspects including market entry or exit, the free flow of goods, and business operation costs and practices, according to the regulations.

READ MORE: Top market regulator: China to accelerate building unified national market

The administration also announced plans on Tuesday to launch initiatives aimed at enhancing its fair competition review capabilities, seeking to eliminate practices that undermine a unified national market and fair competition.