Balancing market competition with national policy in China

Over his years in China’s National Development and Reform Commission, Zhang Handong has seen how the country’s embrace of market competition has dovetailed with national industrial policy. In a keynote address to GCR Live Singapore: 6th Annual Asia-Pacific Law Leaders Forum, Zhang, who heads the NDRC’s price supervision and anti-monopoly bureau, explained how that relationship has evolved, and how the country’s antitrust enforcement regime has worked to ensure government policy avoids distorting competition