Study On Government Subsidies' Fair Competition Review

Government subsidies is obvious in China's economic performance,it has been an efficient instrument of government intervention.Government subsidies contribute a lot to the rapid progress of many undertakings and our economy.But due to lack of regulations and provisions,government subsidies have been abused,which distort fair competition and do harm to allocation efficiency and consumer welfare.Especially for the regional government subsidies,which often conferred to local undertakings,give disadvantages to other competitors in the related internal market.The State Council has announced a document to establish our own fair competition review system,it's a great step to regulate administrative monopoly,including government subsidies.First,this thesis tries to elaborate the concept of government subsidies and fair competition review system.Second,it tries to introduce EU's state aid system,both its substantial rules and procedural rules,so as to provide institutional experiences for our countries' relative legislation.Third,it tries to describe the current situation of government subsidies regulation through fair competition review system,and the necessity to reform and perfect the system.Finally,it tries to give some suggestions to perfect our fair completion review system,so as to regulate government subsidies effectively.