People’s Daily Online: Draft of Anti-Monopoly Law In Progress In China

From the People’s Daily Online:

Chinese Ministry of Commerce has submitted for approval a proposed draft of the anti-monopoly law to the State Council, which is expected to transfer it for approval to the top legislature as soon as possible, said Vice Minister of Commerce Zhang Zhigang.

“After the legislature passes the law, support regulations will also possibly be enacted so as to promote the healthy and orderly growth of China’s economy,” Zhang told Xinhua in an interview Tuesday at the sidelines of the annual session of the National People’s Congress (NPC).

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