China's SAMR chief pledges to strengthen unified domestic market under five-year plan
( November 14, 2025, 04:28 GMT | Official Statement) -- MLex Summary: China’s market regulator chief Luo Wen has pledged to strengthen the country’s unified domestic market by pairing an “effective market” with an “active government” during the 15th Five-Year Plan. In an interview with state news agency Xinhua, Luo said the State Administration for Market Regulation will improve rules for market entry and exit, dismantle local protectionism and market fragmentation, and tighten antitrust and unfair-competition enforcement to curb “involution-style” competition. He also outlined plans to boost business vitality by improving the quality of corporate development, easing regulatory and fee burdens, and expanding support for small businesses. Luo added that quality is a key measure of industrial competitiveness and called for high-quality development.The statement follows:...
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