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China Plans to Enhance Market Regulation – Xinhua

Other efforts include guaranteeing food and drug safety and strengthening supervision over the quality of industrial products


Workers make rice vinegar in Zhenjiang, Jiangsu province. Food and drug safety is a priority. Photo: AFP

 

China’s State Council has issued a plan to advance market regulation over the 14th Five-Year Plan from 2021 to 2025, including halving the time it takes to register a new business to two weekdays, Xinhua reported.

Other efforts include guaranteeing food and drug safety and strengthening supervision over the quality of industrial products.

Read the full report: Xinhua

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.