China Launches Nationwide Business Inspections to Address Private Sector Concerns

• China launching nationwide inspections to address business concerns and take action, starting next month • Teams will investigate market barriers, unfair competition, government inefficiency, rights violations, and obstacles to opening up • Comes after growing complaints from struggling private and foreign firms despite government support pledges • Authorities encouraging companies to report issues and suggest improvements via State Council's online platform • Shanghai mayor vowing bellwether role benefiting foreign investors, as city pushes agenda to attract more US firms