Home> Latest

Zhejiang to promote fair market competition

chinadaily.com.cn| Updated: July 7, 2022 L M S



Authorities in East China's Zhejiang province issued a plan to promote fair market competition practices on July 4.

The plan states that Zhejiang will take steps to ensure fair market competition and drive the satisfaction rate of the competition environment to over 95 percent by the end of 2025.

The plan contains five key points: the establishment of an intellectual support mechanism, the formulation of market competition rules, an anti-monopoly supervision improvement mechanism, a restraint mechanism for fair competition review, and a corporate competition compliance mechanism that focuses on preventing monopoly risks.