An Analysis On Placing China's Competition Policy At An Essential Position And Possible Path

Forty years has passed since the Reform and Opening up Policy being performed,the market economy system with Chinese characteristics has brought China remarkable achievements in economic construction.However,in the same time,the system itself is also facing problems from multiple levels,because of which,a new round of reform is imperative.Competition policy and industrial policy are both government intervention measures to amend market failures.However,in practice,competition policy has not been well put in function.On the contrary,the economic development has been under the leadership of industrial policies for a very long time,some industries have experienced monopolistic or disorderly competition and distortions of market order.The market has already been decided as the decisive system for the allocation of resources in China.Establishing the competition policy as a key and essential economic policy is not only the call of the times,but also the requirement of the law of economic operation.In our history,competition policy has experienced the process of emerging,suspension,recovery,and prosperity,during which process,factors such as the status of the market and monopoly issues have played a vital role.Today,in order to adjust the economic structure,gradually establishing the essential status of competition policy and specific systems are conducive to enhancing the market competition environment,promoting deeper reforms,improving people's welfare,and protecting national economic security.