CPI Talks Q&A with Qing Li

In this edition of CPI Talks we have the pleasure of speaking with Qing Li, Vice President of the China Society of Economic Reform and former Deputy Director General at China’s SAMR and NDRC.

Thank you, Ms. Li, for taking this time to talk to CPI.

1. China amended its Anti-Monopoly Law in 2022, in your opinion, what are the important changes?

Since the implementation of the Anti-Monopoly Law in 2008, one of the most important laws in the market economy system, China’s anti-monopoly enforcement and justice has been demonstrating its power and important role in economic governance with a relatively rapid development trend. The three anti-monopoly enforcement agencies merged in 2018, and the first amendment was made in 2022. According to the Decision of the Standing Committee of the National People’s Congress of China on Amending the Anti-Monopoly Law of the People’s Republic of China, this amendment involved 22 additions to the provisions, 14 amendments to the provisions, and several other provisions were repositioned accordingly.

In summary, there are five major changes: First, to clarify the fundamental status of competition policy and to establish a sound, fair competition review system. Second, to entitle the anti-monopoly enforcement agencies more functions, such as the interview system, the written reporting system, etc., and the corresponding increase in the obligations of the investigated entities and individuals to cooperate. Third,