Putting China’s Fair Competition Review System Into Action

Law360, New York (December 4, 2017, 2:22 PM EST) -- It has been approximately one and a half years since China’s Fair Competition Review System (FCRS) was set as the cornerstone of Chinese competition policies. On Oct. 23, 2017, another “top-level design” [1] for promoting the implementation of the FCRS system — the Implementing Rule of the Fair Competition Review System (interim) (implementing rules) — was jointly issued by the five competition-related authorities, i.e., the National Development and Reform Commission (NDRC), the Ministry of Finance, the Ministry of Commerce, the State Administration for Industry and Commerce,...
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