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China's SAMR highlights competition crackdown as five-year plan nears end

By MLex Staff ( August 22, 2025, 06:20 GMT | Insight) -- China’s market watchdog highlighted its progress in cracking down on unfair practices during the “14th Five-Year Plan” period, now in its final year, while vowing to press ahead in the next five years with dismantling local protectionism and market fragmentation, and taking stronger steps to uphold a fair and orderly market environment. At a press briefing today, Luo Wen, head of the State Administration for Market Regulation said the regulator has sought to strike a balance between regulatory oversight and development promotion, aiming to foster a market that is both fairer and more dynamic.China’s market watchdog highlighted its progress in cracking down on unfair practices during the “14th Five-Year Plan” period, now in its final year, while vowing to press ahead in the next five years with dismantling local protectionism and market fragmentation, and taking stronger steps to uphold a fair and orderly market environment....

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