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Fair competition put into practice
2019-05-27 16:24:00

GGP

Policy Brief No. 201904

May 27, 2019

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Fair competition put into practice

Lu Tong

 

This year's Government Work Report sent an important signal to the global community that China aims to create a fair market environment based on competitive neutrality.

 

Competitive neutrality is a set of public policies for regulating domestic market order. It means that State‐owned enterprises and private businesses compete on a level playing field and that SOEs should not obtain an unfair competitive advantage to the detriment of free trade in such areas as tax, subsidies, debt, supervision and market entrance.

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