Latest News:  
Beijing   Sunny    27 / 11   City Forecast

Home>>Foreign Affairs

China urges international cooperation on enforcement of competition law


16:05, September 22, 2011

BEIJING, Sept. 21 (Xinhua) -- China on Wednesday called for international cooperation on the enforcement of competition law as officials from BRICS countries gathered in Beijing to discuss how to enforce competition law against the backdrop of economic globalization.

As an important force in the world economy, BRICS countries should communicate with each other closely to boost cooperation with other countries as well as international organizations in terms of enforcing competition law, said China's Vice Premier Wang Qishan at the opening session of the 2nd BRICS International Competition Conference.

The conference was held by China's State Administration for Industry and Commerce, with officials from Brazil, Russia, India, China, and South Africa (BRICS) in attendance.

"China attaches great importance to the enforcement of competition law," Wang said, adding that enterprises competing fairly are encouraged while those behaving unfairly have been punished by law.

Starting from October 2010, Chinese police arrested 9,031 suspects over the course of a nine-month campaign designed to crack down on piracy and other intellectual property rights (IPR) infringements. A total of 12,854 illegal factories producing counterfeit goods were shut down and 4,904 criminal organizations responsible for selling the goods were broken up during the campaign.

"As the recovery of the global economy still faces severe challenges at present, the cooperation among countries on the enforcement of competition law should be focused on the goal of achieving robust, sustainable and balanced growth," Wang said, urging all countries to open up their markets and eliminate various trade and investment barriers so as to advance fair competition in the international market and the free flow and optimized distribution of production factors globally.

"Cooperation in enforcing competition law should feature openness and tolerance," said the vice premier.

While discussing common ground, the countries should also take into consideration different national situations and phases of development, giving more attention to the interests and claims of emerging economies and developing countries, he added.


Leave your comment0 comments

  1. Name


Selections for you

  1. Floodwater runs through Dujiatai sluice in Xiantao City, China's Hubei

  2. Sichuan paramilitary soldiers conduct live-fire drill

  3. F1 driver Jenson Button attends conference for Singapore Night Race

  4. China (Ningxia) Int'l Investment and Trade Fair opens

Most Popular


  1. China supports new Libyan government in Tripoli
  2. China makes case for fair treatment from EU
  3. Obstacles block path of US-China relations
  4. National security needed for peaceful development
  5. Europe should be grateful for China's timely help
  6. Obama's economic warfare against Republicans
  7. Hope from China's super hybrid rice
  8. U.S. can learn from China's anti-terrorism wisdom
  9. Six-party talks should be resumed unconditionally
  10. Too many officials perch above the people

What's happening in China

Rescue efforts underway in quake-affected Tibet

  1. SAMC signs deal with Boeing
  2. Police nab murder suspects in central China
  3. Maternal, infant death rates drop sharply in China
  4. China's flood death toll reaches 90
  5. India earthquake kills 7, injures 136 in Tibet

PD Online Data

  1. Challenge to the traditional view of love and marriage
  2. House means happiness? Young Chinese' home-owning dream
  3. Fighting AIDS,China is acting
  4. Worldwide Confusius Institutes
  5. Chinese Qingming Festival