Draft regulation a boon for business

State Council emphasizes importance of equal treatment for all market players, domestic and foreign

The State Council's decision to introduce a special regulation on bettering the business environment will give further impetus to market players and pave the way for reforms, experts have said.

The draft regulation, approved at the State Council's executive meeting on Oct 8, aims to establish a fundamental framework of rules for businesses in which all types of market players, domestic and foreign, will be treated as equals.