China: The Chinese Parliament announces the creation of a new National Markets Supervision Management Bureau as single Authority overhauling competition law enforcement tasks previously performed by three separate Agencies

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The 19th Congress of the Communist Party of China, held from 18 to 24 October 2017, strengthened the synergies between the Party and the Chinese Government by launching a series of restructuring and simplifications of large public administrations. The stated objective was the revival and acceleration of a series of economic reforms at the national level with the desire expressed by President Xi Jinping to complete the establishment of a Chinese economy more determined by market forces rather than by the State and to replace the old system with an investment mechanism serving the consumer rather than the State. Among these institutional reforms, one of the