Legislation

The State Council Passes Anti-Unfair Competition Law (Revised Draft) to the Standing Committee of the National People's Congress

On November 23,2016, the executive meeting of the State Council signed off Anti-Unfair Competition Law of the People's Republic of China (Revised Draft) ("Revised Draft"), which aims to crack down unfair competition according to the law, protect the lawful rights and interests of operators and consumers, as well as create a fair market environment conductive to entrepreneurship and innovation. The Revised Draft perfected and enriched the legal definition of unfair competition, supplemented the provisions of combating commercial bribery, strengthening the business secrets protection and anti-unfair competition in the Internet field, strengthening the civil liability for compensation, and increasing the credit and administrative punishment on illegal acts. The meeting decided to submit the Revised Draft to the Standing Committee of the National People's Congress for deliberation.1

Authorities

PSAMB of NDRC Signs a Competition Policy and Antitrust Cooperation Agreement with the DUFE

On November 28, 2016, Price Supervision Anti-Monopoly Bureau ("PSAMB") of the National Development and Reform Commission ("NDRC") signed a competition policy and antitrust cooperation agreement with Dongbei University of Finance and Economics ("DUFE"). The PSAMB and DUFE set up "Anti-monopoly Research and Personnel Training Base", and both parties will develop deep cooperation in the decision-making consulting, theoretical research, personnel training and other aspects. In addition, Zhang Handong, Director-General of the PSAMB also delivered a keynote report on fair competition review system for teachers and students of DUFE, and introduced the background, significance, main content of fair competition review system, as well as the competition policy and anti-monopoly law enforcement.2

Zhang Handong, Director-General of the PSAMB of NDRC Invited to Report on the Fair Competition Review System at CAG

On November 17, Zhang Handong, Director-General of the PSAMB of NDRC was invited to deliver a report on fair competition review system at Chinese Academy of Governance ("CAG"). He systemically introduced the fair competition review system, the background, significance, specific content of fair competition review system, as well as the competition policy and anti-monopoly law enforcement.3

Hunan DRC Organizes a Fair Competition Review System Training Program

On November 17, Hunan DRC organized the fair competition review system training, in order to implement the fair competition review system. From the practical level, Deputy Director-General of the PSAMB of NDRC Li Qing delivered a counseling report at the meeting, which analyzed the operation norms and the work of fair competition review carried out at home and abroad. He also pointed out the importance and necessity of establishing the fair competition review system and made recommendations to the future work combining the present situation of China's competition policy.4

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Footnotes

1 http://www.gov.cn/guowuyuan/2016-11/24/content_5137110.htm

2 http://jjs.ndrc.gov.cn/gzdt/201611/t20161129_828241.html

3 http://jjs.ndrc.gov.cn/gzdt/201611/t20161118_827045.html

4 http://www.hnfgw.gov.cn/xxgk_70899/gzdtf/gzdt/201611/t20161117_3472677.html

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