Conference to promote a market environment

An inter-ministry joint conference system was approved by the State Council to strengthen market supervision to boost healthier economic development, according to a notice released on Nov 13.

The move targets establishing stronger coordination in market supervision during the 13th FiveYear Plan (2016-20).

The system was set to enhance inter-departmental and cross-regional coordination in solving major issues concerning market supervision and reinforce the implementation of market supervision policies. It also will promote business system reforms by advancing targets and reforms stipulated in the 13th Five-Year Plan for Market Supervision, the document said.

The new mechanism should also boost information-sharing and exchanges among different departments and regions, and promote timely lessons learnt from these regions across the nation, the notice said.

The conference system, led by the State Administration for Industry and Commerce, will be composed of 35 ministerial-level departments, including the National Development and Reform Commission, the Ministry of Commerce, and the General Administration of Customs.

Zhang Mao, head of the State Administration for Industry and Commerce, is responsible for gathering officials to be in charge from other departments.