Hey there! Did you know that China is making some big changes to ensure everyone plays fair in business? Starting April 20th, China will introduce 48 new rules to make sure businesses compete fairly and no one cheats! 🏃♂️🏃♀️
These rules cover things like how businesses start and stop, how goods move around, and how much it costs to run a business. The goal is to make sure all companies, big or small, have the same chances to succeed. 🌟
The State Administration for Market Regulation (that’s a big government department in China) announced these changes to stop unfair practices like regional protectionism. That means they don’t want any areas to favor their own local businesses over others. 🚫🏢
By making these changes, China hopes to create a big, united market where everyone follows the same rules. This way, businesses can focus on making awesome products and services for people like you and me! 🎉
Reference(s):
China unveils new measures to bolster fair market competition
cgtn.com
