Live Updates > Live Update Details
2025-10-29 14:05:08
[Five Departments Including the Ministry of Commerce: Rectifying "Involutionary" Competition and Establishing a Fair, Equal, and Free Business Environment] The General Offices of five departments, including the Ministry of Commerce, issued the "Action Plan for Improving the Quality of Urban Commerce." The plan mentions regulating market order. It calls for comprehensively considering the characteristics of different business formats, such as online and offline, and goods and services, to formulate reasonable support policies and regulatory standards, rectify "involutionary" competition, and establish a fair, equal, and free business environment. It also calls for building a new credit-based regulatory mechanism, strengthening intellectual property protection, improving consumer complaint handling and supervision mechanisms, and promoting honest business practices and consumer confidence.
