NDRC: CN To Scale Up Anti-monopoly Measures, Curb Platforms'_老虎社区_美港股上老虎

NDRC: CN To Scale Up Anti-monopoly Measures, Curb Platforms'

Bulltrader
2022-01-24

China's National Development and Reform Commission (NDRC) introduced a construction scheme of modernized circulation system under the "14th Five-Year Plan", illustrating the Chinese government's determination to scale up relevant measures on combating monopolistic behavior and improper competition, reported The Paper.

The NDRC further remarked that, concrete regulations on fair market competition will be outlined, in hope to safeguard the market order, facilitate the benign development of platform economy and shared economy, while preventing disorderly capital expansions, the report added.

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