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SAMR Unveils 34 Measures to Strongly Support Private Economy

2026-05-18

On May 17, 2026, the State Administration for Market Regulation (SAMR) issued the “2026 Work Plan for Promoting the Growth of the Private Economy,” outlining 34 key tasks to support private enterprises through fair competition, anti-monopoly oversight, better business environment, and policy implementation. The document emphasizes eliminating local protectionism and market barriers, deepening the construction of a unified national market, strengthening anti-monopoly compliance guidance, rectifying cutthroat competition, and reducing institutional transaction costs for private firms.

The plan focuses on four priorities: first, fostering a level playing field by strictly enforcing fair competition reviews and abolishing discriminatory policies against private entities; second, strengthening intellectual property protection, intensifying crackdowns on infringements, and improving rapid dispute resolution; third, optimizing business services by expanding one-stop online processing and cutting approval time; fourth, improving credit incentives and constraints to guide compliant operations. Recently, supportive policies for the private economy have been rolled out intensively from central to local governments. Together with these 34 measures, confidence among private entrepreneurs has improved noticeably, investment willingness has strengthened, and market vitality, employment stability, and high-quality economic development are expected to gain further momentum.

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