M&A reviews to be given new fast-track procedure

Transparency 'will be improved' amid growing number of deals

BEIJING - The assessment of merger and acquisition (M&A) proposals will be fast-tracked to facilitate an increase in deals next year, the Ministry of Commerce said.

Shang Ming, director of the ministry's anti-monopoly bureau, said the sluggish global economy had slowed down outright expansion by companies and pushed them to boost sales by M&As.