China's market regulation efforts during the 14th Five-Year Plan (2021–2025) have significantly boosted economic growth and innovation, according to officials at a State Council Information Office briefing. The reforms, focused on streamlining business operations and enhancing market trust, reflect Beijing's push for high-quality development amid global economic uncertainties.
Business Environment Transformed
Luo Wen, director of the State Administration for Market Regulation, highlighted the creation of a unified national market and a simplified negative list system as key drivers. These measures reduced operational costs and strengthened intellectual property protections, contributing to a net increase of 19.99 million enterprises and 33.95 million individual businesses since 2021.
Building Trust Through Compliance
Credit supervision mechanisms, including an enterprise abnormal operation list, raised corporate credit scores from 128.6 in 2020 to 161.61 by mid-2025. 'This reflects improved compliance and trust across industries,' Luo noted, emphasizing the regulator's focus on standardized market operations.
Quality Development Milestones
China launched 4,271 key research projects addressing 18,000 quality-related challenges during the Five-Year Plan. The manufacturing quality competitiveness index reached 85.86/100, while consumer and public service satisfaction scores exceeded 81 points. Over 2,372 one-stop service stations now support businesses nationwide.
Future-Focused Reforms
Deputy Director Deng Zhiyong outlined plans to deepen standardization reforms, stating: 'A unified standards framework will accelerate high-quality development and strengthen our national market.' Analysts suggest these efforts position China to meet evolving global economic demands while fostering domestic innovation.
