Control of Anticompetitive Practices in the People's Republic of China

• Author: Lu Ruishu
• Published date: 01 March 1992
• Date: 01 March 1992
• DOI: http://doi.org/10.1177/0003603X9203700114
• Subject Matter: Article

The Antitrust Bulletin/Spring 1992 271

Control

of

anticompetitive practices

in the People's Republic

of

China

BY LU RUISHU*

Over the past decade and more, in the course of reform and open-

ing up the Chinese economy, the Chinese economic system has

been transformed from a centrally planned economy to a planned

commodity economy, which combines a managed economy with

allowance

of

competitive market activities. The government

of

China now accepts the necessity of giving full play to the role of

market competition so as to stimulate enterprises to improve their

performance and management, increase economic efficiency and

thus boost the vitality of the economy.

However, the incidence

of

unfair competitive practices in con-

junction with market competition has mushroomed in China in

recent years. Some unfair practices are very serious, such as

bribery in selling goods, manipulated timing

of

conditionality on

the other side in commodity trading, causing damage to rivals by

unfair means, etc. These types of conduct have done harm to the

interests

of

the state, the society and the general public and con-

stitute obstacles to the healthy development of the economy.

The substantial occurrence of unfair competition in China is

on the one hand due to the fact that it can be hardly avoided in the

*SeniorEconomist and

Division

Chief,Department of International

Relations,

Ministry

of

Foreign

Economic

Relations andTrade.

e1992by

Federal

Leaal

Public:ationa.

Inc.