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Saturday, August 11, 2001, updated at 10:02(GMT+8)
Business  

Effort Called for to Rectify, Standardize Market Order

An senior Chinese official Friday, August 10 called for pains-taking efforts to rectify and standardize the market order in China.

Addressing a joint conference attended by officials from five ministries and central departments, Li Rongrong, minister in charge of the State Economic and Trade Commission, told participants to fully understand the importance, urgency and difficulty of the task.

To ensure a success, a special group, consisting of officials from 31 relevant departments, was set up in April to be responsible for rectifying and standardizing the market order nationwide, with Vice-Premier Li Lanqing as the head, and Vice- Premier Wu Bangguo and State Councilor Wu Yi as deputy heads.

Since then, the State Council, the country's highest governing body, has issued a series of documents. Different localities and departments have also worked out their respective policies, announced work schedules and launched a number of specialized campaigns designed to rectify and standardize the market economic order.

According to Li, this year's rectifying efforts will be concentrated on five aspects, including cracking down on the making and trading of fake and shoddy commodities and regional protectionism, and rectifying the construction market, stepping up the administration of tax collecting and the cultural market.

In the past three months, 1.6 million law-enforcement personnel have been sent to participate in operations against fake foodstuffs, pharmaceuticals, medical equipment, agricultural goods and cotton. They have dealt with 1.7 million cases, and destroyed 1,300 dens making or trading fake commodities.

The campaign to combat unqualified automobile assemblage is also proving successful, said the official, who suggested the cultural market be the next target of the rectifying efforts.

Li emphasized that rectifying and standardizing the market order would be an important task in the tenth five-year-plan period (2001-2005), urging participants to further improve understanding in this regard.

He also called on efforts to transform government functions, saying government officials should learn to use methods that suit the law of the market economy to supervise the market, step up the buildup of the legal system, do administrative work according to law, establish a perfect social supervisory and credit system, and develop a modern organizational for logistics and marketing.







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An senior Chinese official Friday, August 10 called for pains-taking efforts to rectify and standardize the market order in China.

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