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Regulation Macro

China’s Justice Ministry Drafting National Unified Market Regulation

China’s Ministry of Justice said it is leading the drafting of a regulation on building a national unified market, working alongside the National Development and Reform Commission. Announced at a State Council Information Office briefing on the “15th Five-Year Plan,” the rules aim to enforce a “five unifications and one opening” framework and remove local protectionism, market fragmentation and cutthroat competition, the ministry said.

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