【关注时事】China makes major steps cracking down on administrative monopolies
来源：仪征中学 时间：2024-03-08
Staff members observe the operation of intelligent equipment at a turbine subsidiary of Harbin Electric Corporation in Harbin, Heilongjiang province, on Feb 22, 2024. The Harbin Electric Corporation actively develops emerging industries, future industries, and has built a number of digital workshops, production lines and production units. [Photo/Xinhua]
China will take bigger actions to crack down on administrative monopolies so as to offer a fair market environment for companies, said a top market regulator official on the sidelines of the ongoing two sessions on Friday.
Luo Wen, head of the State Administration for Market Regulation, said that the country will continue to increase rectification of some administrative monopolies, like local protectionism.
"The SAMR has already drafted regulations to further optimize the review mechanism on fair competition and will promote municipalities to enact such regulations as soon as possible," he emphasized.
Luo Wen, head of the State Administration for Market Regulation, attends a group interview at the second session of the 14th National People's Congress on March 8, 2024. [Photo/VCG]
Luo said that more efforts will also be made to drive the facilitation of cross-regional business operations for companies.
"We are currently revising related regulations on legal registration for corporate development. During this revision, we made it clear that enterprises relocating to other places can directly go through registration procedures in the new place," he said.
