A State Council executive meeting Wednesday passed a draft regulation on the registration management of domestic market entities. It aims to provide rule-of-law safeguards for developing market entities and boost fair competition.

 

During the 13th Five-Year Plan (2016-2020) period, more than 60 million new market entities were added. It has enhanced the economic vitality and created numerous jobs, according to the meeting chaired by Premier Li Keqiang.