China has developed more legislation to improve its legal system to better deal with the market economy. China will introduce an anti-monopoly law.

Officials say laws relating to the circulation industry and economic order lag behind the rest of the world.

In response, China will introduce an anti-monopoly law and other regulations that help better maintain the order of the market economy.

Also, China will revise regulations to curb illegal businesses and push for the establishment of a social credit system while also developing a long-term mechanism to regularize market order. Enditem

Source: CRI News.com