BEIJING, June 23 (Xinhua) -- China has made phased headway in building a unified national market with a basic institutional framework already in place, according to a State Council report submitted on Tuesday to the ongoing session of the Standing Committee of the 14th National People's Congress.

File photo: CFP

China's basic systems and rules regarding the market have been continuously improved, the interconnectivity of market facilities has been significantly strengthened, and the flow of goods, services and production factors has become smoother, an official with the National Development and Reform Commission (NDRC) said when delivering the report to the legislative session.

A number of prominent issues impeding a unified market and fair competition have been addressed, the official noted.

In terms of unifying the basic market system, the negative list for market access was issued and implemented, with the 2025 version reducing items to 106 from 117 in the 2022 version.

China has also established a national market regulation and law enforcement platform, and launched pilot reforms for market-oriented allocation of production factors, the report said.

The NDRC official said that in the next step, authorities will continue to make efforts to deepen institutional development, promote high-standard connectivity of market facilities, and advance market unification in key areas in a bid to further accelerate the building of a unified national market.