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China to promote competition, offer wider market access for non-state companies

( December 24, 2019, 02:25 GMT | Official Statement) -- MLex Summary: China will take steps to provide non-state businesses with wider access to the country’s electricity, telecommunications, rail transport, and oil and gas sectors, according to a set of opinions recently released by the State Council. Among a series of measures that aim to support the development and reform of non-state companies, the Chinese government also called for scrapping anticompetitive rules and practices such as discriminating among businesses on the basis of ownership structure when applying market-access requirements and qualification standards or granting industrial subsidies.The text of the opinions follows:...

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