China unveils guidelines on building a national unified market

BEIJING (Reuters) – China’s state planner on Tuesday published testing guidelines on building a national unified market, saying the country will implement a unified market access system and safeguard fair competition.

Local governments are not allowed to implement preferential investment policies for finance, tax, prices, land, resources and the environment that break through the national bottom lines, a statement by the National Development and Reform Commission said.

China will also ban and correct profit-seeking law enforcement and judicial actions according to law, the statement added.

(Reporting by Ellen Zhang and Ryan Woo; Editing by Christian Schmollinger)

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