China will initiate a nationwide effort to remove market access barriers, aiming to enforce the new market access negative list and expedite the creation of a unified national market, the National Development and Reform Commission (NDRC) -- China's top economic planner -- announced on Tuesday.
The initiative will involve a thorough review of the existing regulatory documents concerning market access, focusing on addressing violations such as illegal addition of market entry requirements and expansion of access requirements. Regulations that lack a legal basis or that were formulated without going through any statutory procedure will be revoked.
To support the initiative, the NDRC will gather information through self-inspections by government departments and public solicitations to identify any further regulatory discrepancies.
For provincial-level development and reform departments, they shall, working closely with the local commerce and market regulators, conduct case-specific verification and rectification, ensuring that issues are resolved within a defined timeframe.
Besides, typical cases of irregularity in the formulation of regulatory documents concerning market access will be made public, according to the NDRC.
On the basis of verifying and reviewing the results of rectification of the problems reported to it in accordance with law, and also on the basis of reviewing the typical cases submitted to it by local authorities, the NDRC will make public the typical cases in accordance with the principle of "case-by-case verification, and case-by-case disclosure", and will disclose to the general public the results of processing of the typical cases concerned, said the NDRC.
At the same time, the results of processing of the typical cases concerned will be included into the scope of national urban performance credit monitoring, to enhance administrative transparency and improving regulatory oversight.
China to launch market access barrier cleanup initiative
