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China enacts new rules to create a fairer national market by curbing local protectionism and unfair tax perks.
China is implementing new regulations to build a unified national market, limiting local governments’ ability to distort competition through unfair tax incentives and protectionism.
The reforms, following the Central Economic Work Conference, introduce a negative list, shift performance evaluations toward fair competition and sustainability, and aim to curb short-term, self-serving industrial policies.
They also address digital economy imbalances to ensure fairer income distribution among platforms, merchants, and gig workers, supporting long-term growth and national strategic priorities.
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China promulga nuevas reglas para crear un mercado nacional más justo al frenar el proteccionismo local y los beneficios fiscales injustos.