China Warns Officials Against 'Inappropriate Interference' in Business that Could Hurt Growth
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An article in China's Study Times warns officials against "inappropriate interference" in business that could threaten economic growth.
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Some local authorities are aggressively seizing assets and levying fines to raise revenue, disturbing business operations.
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Reducing interference involves ensuring fair market competition and revitalizing market vitality.
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Educating officials on avoiding corruption is a priority as Beijing aims to reduce economic losses from it.
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China is focused on preventing improper interference by officials in business activities.