- Aug 22, 2019
- 1 min read

Reform Plan for Accelerating the Improvement of the Market Player Exit System

In order to remove so-called zombie enterprises and reduce the exit costs, thirteen different authorities, including the National Development and Reform Commission, have recently jointly issued the Reform Plan for Accelerating the Improvement of the Market Player Withdrawal System ("Reform Plan") on June 22, 2019. The Reform Plan is effective from the date of publication.

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