China’s plans to deepen the unified national market are timely

China’s plans to deepen reforms and improve various measures in establishing a unified national market are timely and help the country better cope with challenges, according to experts.

On Friday, China’s State Council discussed the country’s general plan and recent provisions to establish a unified national market at an executive meeting chaired by Premier Li Qiang.

China will continue to welcome US-funded companies to develop in China

The cabinet urged the country to apply special rectifications on outstanding issues related to local protection and market segmentation in key fields.

The meeting also stressed the importance of redoubling efforts to deepen reform, and the State Council urged further optimization of property rights protection, market access, fair competition, social credit and other systems. basics of the market economy.

On Friday, China’s State Council discussed the country’s general plan and recent provisions to establish a unified national market at an executive meeting chaired by Premier Li Qiang.

Commenting on the current state of Chinese markets, political economist David Mahon said that China has already managed to achieve a strong unified national market with unified policies across the country. He told CGTN that it is now convenient to deepen those policies and make them more consistent with China’s development.

For his part, Liu Zhiqin, a senior fellow at Renmin University of China’s Chongyang Institute of Financial Studies, said the proposed reforms allow China to better mobilize its resources and adopt unified measures to deal with market challenges.

Article republished from the Chinese state media CGTN within the framework of an agreement between both parties to share content. Link to the original article:https://news.cgtn.com/news/2023-05-23/Experts-say-China-s-plans-to-deepen-unified-national-market-timely-1k2MzMGHOtG/index.html

CGTN is a Chinese state media organization with a focus on international news. Headquartered in Beijing, CGTN has three production centers, located in Nairobi, Washington DC and London, with professionals from around the world. CGTN’s television channels are available in more than 160 countries and regions around the world, including the Global Video News Agency.

CGTN and ReporteAsia have an agreement to share and republish content.