People's Republic of China

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    In its now two-decade-long transition from a centrally planned to a market economy, the People's Republic of China (PRC) has made remarkable progress in introducing competition to its industries. It recognized that it was essential to build an effective competition policy system so as to create a level playing field for all business enterprises. During this transitional period, industrial policies and inward foreign direct investment (FDI) played a crucial role both in transforming industry and in facilitating the development of competition policy. This chapter reviews the competition policy framework in the PRC with emphasis on its interactions with industrial and FDI policies.
    Original languageEnglish
    Title of host publicationCompetition policy and development in Asia
    PublisherPalgrave Macmillan
    Number of pages36
    ISBN (Print)9781403996329
    Publication statusPublished - 1 Jan 2005

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