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China Market Regulator Sets Priorities to Boost Private Sector Growth

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China laid out 34 priorities to help the private sector grow, including fair competition and regulation and stronger legal protections, the State Administration for Market Regulation said Sunday.

The market watchdog will improve regulations for enterprise-related fees and credit incentive measures, as well as strengthen technology and trade businesses.

China will also boost its anti-monopoly compliance to correct "involution" or intense competition in overcrowded markets, as well as ensure fair development, the regulator said.

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