China: market competition level in comparison 2022

An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. The level of market competition allowed and supported in the economy reached a score of 3.8 on a scale from zero (low competition) to ten (high competition), less than the open economy average of 6.8. Other investigated measures include: financial system development, the development of a modern innovation system, trade openness, direct investment openness, and portfolio investment openness.

Level of pro-competitive market environment in China in international comparison in 2022

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Release date

October 2023

More information

Region

China

Survey time period

2022

Special properties

0=low 10=high competition

Supplementary notes

Index values range from 0 = low competition to 10 = high competition and are based on an evaluation of the respective country's level of existing and supported market competition, considering the following aspects that sustain a pro-competitive environment: low entry/exit barriers, disciplining of market power abuses, prioritization of consumer interests, limited government participation in the marketplace, and overall clear pro-competitive principles.

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