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​NDRC steps up enforcement against illegal charges on companies

( July 31, 2015, 06:50 GMT | Official Statement) -- MLex Summary: As of June, price regulation bodies across China concluded 1,875 cases in which illegal charges amounting to 900 million yuan ($145 million) were imposed on companies, the National Development and Reform Commission said in a statement today. The regulator said it has made progress in eliminating and returning unreasonable charges on companies, removing administrative requirements and charges that have no legal basis, and promoting the independence of administrative departments from industry associations and intermediary organizations. The statement follows:...

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