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

Date01 March 1992
Published date01 March 1992
DOI10.1177/0003603X9203700114
Subject MatterArticle
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.

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