Uphold consumer rights
China Daily | Updated: 2011-01-06 07:56
China's new regulations against price monopolies mark a welcome step forward in the country's efforts to build a consumer society.
However, to unleash the full potential of domestic consumers, Chinese policymakers must do more to strengthen consumer protection against various price monopolies.
On Tuesday, the National Development and Reform Commission, China's top economic planning agency, unveiled detailed regulations on price monopolies, which will enter into force on Feb 1.
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