The construction of the integrated national market in China is moving fast

Beijing, May 25 (IANS). Chinese President XI Chinfing said that today is the rare resource market in the world. Market resources are great benefits for China and we must fully utilize this profit, deepen the market -oriented improvement in production factors, build high standard market systems and accelerate the integrated national market construction. China has a population of more than 1.4 billion, the country has the largest middle -income group in the country and more than 18 private commercial units, where there is a large market with tremendous development. Since the beginning of 2025, the construction of an integrated national market has deepened in China. President XI emphasizes a competent, standardized, impartial, competitive and fully opened national market for the establishment of the new development pattern and emphasizes the establishment of integrated national market systems and rules, so that the smooth flow of masses, factors and resources can be promoted. In the inspection tour in various fields of the country, XI emphasized several times that it actively participated in the construction of the integrated national market and underlined the breach of regional barriers, except for small cycles in small places, the purpose is to make a true integrated national market across the country. In the early 2025, “guidelines for the establishment of the National Integrated Market (Testing)” were officially released, which cleared the construction of the top level out of three dimensions of “essential, prohibited and encouraged” and applied a series of practical measures one to the other. Inter-regional trading in contemporary China is smoother. According to the latest data from the Chinese National Tax Administration, in four months from January to April this year, inter-traditional trading sales across the country were 40.4% of total sales revenue, which is an increase of 0.6 percentage points from the same period of 2024. In the year 2025, China will accelerate the construction of an integrated national market. Will enable effective allocation of various factors such as logistics, data flow and capital flow, consolidating the super-large-scale market benefits, which provides strong support for the creation of new growth patterns and the economic growth of high quality in the country. (Sincer- China Media Group, Beijing) -ians ABM/