unified national market: breaking down barriers and building incentives

context: CCP Central Committee and State Council jointly issued an opinion to further improve the unified national market on 10 Apr 2022. Premier Li Qiang 李强 subsequently chaired a State Council meeting to promote the development of a national unified market on 19 May 2023. As the massive single market remains a strong edge of the Chinese economy, with growing calls for strengthening imports and a greater role for the central government to direct the economy, more work to foster the unified national market may follow.

In the development of a unified national market, it is necessary to both break down barriers and build incentives, Li Chunlin 李春临 National Development and Reform Commission deputy director said in a State Council policy briefing on 5 June 2023. This would include

  • implementing a unified market access system
    • hidden trade barriers should be removed to maintain fairness
  • deepening reforms in
    • fair competition
    • IPR protection
    • credit supervision
  • removing measures that hinder fair competition in areas like 
    • mandatory industrial support or investment
    • engineering construction
    • government procurement
  • develop a list of improper interventions in the market
  • establishing a rapid response mechanism for problems reflected by businesses
  • accelerating the legislative processes of
    • the social credit system law
    • fair competition review law
    • consumer rights and interests protection law
    • revising the negative market access list
  • facilitating the unification of markets in
    • land and labour
    • capital
    • technology and data
  • reforming the performance assessment systems in areas like
    • fiscal and taxation
    • statistics
    • local government performance
  • strengthening the regional coordination of industrial policies and spatial planning