State Administration for Market Regulation: Eliminate the \”glass door\”, \”spring door\” and \”revolving door\” of business entities\’ market access

Ren Duanping, Director of the Registration Bureau of the State Administration for Market Regulation. Image source: State News Network

Cover news reporter Zhang Xinxindairui

On August 30, the State Council Information Office held a press conference to introduce the \”General Office of the CPC Central Committee and the State Council\” The General Office’s Opinions on Improving the Market Access System”. Ren Duanping, director of the Registration Bureau of the State Administration for Market Regulation, said that it is necessary to correct the abuse of administrative power to restrict improper market interference and eliminate the \”glass door\”, \”spring door\” and \”revolving door\” of business entities\’ market access.

Ren Duanping introduced that the State Administration for Market Regulation actively promotes the improvement of the basic system of the market economy, continues to improve the market access system, focuses on deepening the reform of the registered capital subscription registration system, implements subscriptions on schedule in accordance with the law, and continues to reduce the market access system Reduce sexual costs, promote the registration management system to become more mature and finalized, fully stimulate the innovative vitality and endogenous power of business entities, and continue to create a first-class business environment that is market-oriented, rule-by-law, and international.

What arrangements has the State Administration for Market Regulation made in improving the market access system? He said, first, continue to deepen the reform of the registered capital subscription registration system. Deeply implement the \”Company Law\” and the \”Regulations of the State Council on the Implementation of the Registered Capital Registration Management System\”, guide newly established companies to reasonably determine the subscription period in accordance with the law, steadily promote existing companies to adjust the capital contribution period in accordance with the law, and promptly correct the company\’s capital contribution period and capital contribution amount in accordance with the law Obvious abnormal situation. Accelerate the promulgation of the \”Implementation Measures for Company Registration Management\” to clarify the standards and procedures for determining obvious abnormalities in registered capital, the conditions and requirements for exemption from adjustment of the capital contribution period, separate registration management, etc. in accordance with the law. Study and improve the management system for non-corporate operating entities to make capital contributions on time in accordance with the law.

The second is to continue to improve the legal system for registration and management of business entities. Adhere to the new development concept, coordinate development and security, vitality and order, efficiency and fairness, adhere to goal orientation, problem orientation and reform orientation, accelerate the research and formulation of the basic legal system for business entity registration in accordance with the law, clarify the basic principles of business entity registration management, and study the unified basis Legal concepts and terminology, improve the system rules for registration matter management, business transfer, business name management, business entity leasing and contracting, etc., strengthen the legal liability investigation of business entities for fraud, accelerate system innovation, fill system gaps, and accelerateEstablish legal system rules that are effectively connected with internationally accepted commercial rules, etc.

The third is to strictly supervise improper market competition and market interference. We must adhere to the simultaneous advancement of prevention beforehand and punishment afterward, the simultaneous advancement of supervision and law enforcement and publicity and advocacy, the simultaneous advancement of correcting typical cases and strengthening system construction, and resolutely break down barriers to market access. Supervise the scope of monopolistic and competitive businesses carried out by natural monopoly enterprises to prevent relevant enterprises from using monopoly advantages to extend upstream and downstream competition links or exclude or restrict upstream and downstream competition links to carry out market competition. Focus on the pain points, blockages, and difficult issues that the people and business entities are concerned about, and deeply promote anti-monopoly law enforcement to prevent the abuse of administrative power to exclude and restrict competition.

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