SAMR Maps Out Standardized Market Regulation Offices
Source from:SAC    Update on:2022-06-13 14:50


State Administration for Market Regulation (SAMR) recently released two documents to map out the standardized and normative construction of market regulation offices, which will play an important guiding role in accelerating the construction of modernized market regulation system and strengthening the basis of market regulation.
Market regulation office is the grassroots unit of the market regulation system. Enhancing its construction is the urgent demand for implementing the requirements of grassroots governance put forward by the CPC Central Committee and the State Council, which is also the key measure for accelerating the construction of a unified national market, and the effective means to implement the Plan on Modernized Market Regulation in the 14th Five-year Plan Period (2021-2025).
The Guidelines on Enhancing the Standardized and Normative Construction of Market Regulation Offices aims to address the problems on how to establish market regulation offices. 
It consists of three parts. The part of general requirement defines the guiding principles, work principles and main targets, the second part puts forward the tasks in nine aspects such as specifying responsibilities, regulating business operation and innovating regulation patterns, and the third part focuses on organization and implementation, which proposes the specific requirements on enhancing organizational leadership, actively seeking for support and encouraging exploration and innovation.
The Provisional Regulation on Constructing Market Regulation Offices aims to solve the problem of what the market regulation offices will be like. Composed of 100 articles, it defines the tasks, targets and responsibilities, proposes the requirements of business, regulates the affairs of internal management, specifies the measures for enhancing basic security, as well as stipulates the main content of evaluation and supervision.
According to SAMR, market regulation departments at various levels will place the standardized and normative construction of market regulation offices on their agendas, set up the leading groups, and compile the work programs, so as to constantly facilitate the reform and innovation of grassroots units and raise the level of regulation.