China unveils new measures to bolster fair market competition

State Administration for Market Regulation 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.