The reporter learned today from the fourth quarter regular press conference held by the General Administration of Market Regulation that in the near future, a series of new regulations will be issued and implemented one after another. In order to regulate the platform economy, two new regulations “Measures for the Supervision and Administration of Live E-commerce” and “Measures for the Supervision and Administration of Online Trading Platform Rules” are to be introduced in the near future, which will further make supervision well-founded and orderly. Two systems involving food safety, “Measures for the Supervision and Administration of Commissioned Production of Food” and “Regulations on the Implementation of Main Responsibilities for Food Safety by Food Sales Chain Enterprises” will also be released soon. In addition, the General Administration of Market Regulation will also announce the newly revised “Provisions Prohibiting Monopoly Agreements” and promulgate “Provisions to Stop Abuse of Administrative Power to Eliminate and Restrict Competition” to strengthen anti-monopoly and anti-unfair competition efforts and create a fairer, more transparent, and predictable development environment for all types of business entities. In order to strengthen and guarantee the quality and safety supervision of fiber products, the revised “Measures for the Quality Supervision and Administration of Fiber Products” will soon be issued, which will better meet the needs of industry development and supervision.

The reporter learned today from the fourth quarter regular press conference held by the General Administration of Market Regulation that in the near future, a series of new regulations will be issued and implemented one after another. In order to regulate the platform economy, two new regulations “Measures for the Supervision and Administration of Live E-commerce” and “Measures for the Supervision and Administration of Online Trading Platform Rules” are to be introduced in the near future, which will further make supervision well-founded and orderly. Two systems involving food safety, “Measures for the Supervision and Administration of Commissioned Production of Food” and “Regulations on the Implementation of Main Responsibilities for Food Safety by Food Sales Chain Enterprises” will also be released soon. In addition, the General Administration of Market Regulation will also announce the newly revised “Provisions Prohibiting Monopoly Agreements” and promulgate “Provisions to Stop Abuse of Administrative Power to Eliminate and Restrict Competition” to strengthen anti-monopoly and anti-unfair competition efforts and create a fairer, more transparent, and predictable development environment for all types of business entities. In order to strengthen and guarantee the quality and safety supervision of fiber products, the revised “Measures for the Quality Supervision and Administration of Fiber Products” will soon be issued, which will better meet the needs of industry development and supervision.