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China to rely on transparent supervision to promote steady economy -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A Chinese flag is seen flying above the Great Hall of the People’s national emblem before the session of the National People’s Congress in Beijing (China), March 5, 2022. REUTERS/Carlos Garcia Rawlins

BEIJING (Reuters), – China will increase market confidence and market expectations by relying only on predictable, standardised, transparent supervision in order to foster a stable economy. The country’s market regulator made this clear Thursday.

China’s State Administration For Market Regulation announced that the program will help improve corporate compliance in order for China to be heard globally in competition laws.

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