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Regulatory head affirms commitment to fairness, support for small business

By ZHU WENQIAN | Updated: 2023-03-07 20:44
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Head of the State Administration for Market Regulation Luo Wen gives an interview after the second plenary meeting of the first session of the 14th National People's Congress (NPC) in Beijing, capital of China, March 7, 2023. [Photo by Zou Hong/chinadaily.com.cn]

China is further promoting revisions of the Anti-Unfair Competition Law and improving regulations and guidelines such as declaration standards of the concentration of operators, the head of the State Administration for Market Regulation said on Tuesday.

"The government aims to make regulatory rules and law enforcement procedures clearer, so all kinds of enterprises can catch up and improve together on the track of fair competition," Luo Wen said during a news briefing on the sidelines of the first session of the 14th National People's Congress in Beijing.

Currently, China has 115 million self-employed business owners, up from 40.6 million in 2012. This year, the SAMR will implement more favorable measures to support the growth of individual business operators.

The SAMR will assist self-employed business owners at various development stages, Luo said. It will work with relevant departments to actively carry out policy research in social security, taxes and other areas, and gradually increase support for self-employed businesses.

Luo added the country should give full play to the role of the public service platform for individual businesses, integrate its resources and provide entrepreneurship training, recruitment and legal and policy information services for individual businesses.

The government will also continue to strengthen research, monitoring and analysis, and help find new development opportunities for all types of self-employed businesses.

Luo also said the administration will continue to visit self-employed businesses on-site and help them solve practical difficulties and problems, thus further enabling individual businesses to grow and contribute to China's high-quality growth.

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