On May 9th and 10th, the National Market Regulation System Antitrust Conference was held in Haikou, Hainan. State Administration for Market Regulation (SAMR) Deputy Director, Lin Gan, attended the conference and delivered a speech.
Gan expressed the point that currently, the domestic and foreign situations have changed drastically; therefore new requirements on antitrust work called for by the new era of socialism with Chinese characteristics must be kept in mind. The state must maintain the correct work orientation and prudently address relationships between the government and the market, the parts and the whole, the present and the future, and the local and the worldwide. Regarding antitrust work in 2019, Gan specifies five requirements: to reinforce the establishment of the antitrust law enforcement team; to strengthen the basic status of competition policies; to practically engage in antitrust law enforcement; to realistically and scientifically push forward the legislation of antitrust laws; and to create a good environment for optimal work results.
Source: SAMR
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