The State Administration for Market Regulation (National Anti‑Monopoly Bureau) published the China Anti‑Monopoly Enforcement Annual Report (2025), reporting 20 new market‑monopoly cases filed and 22 cases closed in 2025, with fines and confiscations totaling 653 million yuan. The agency completed review of 706 merger filings, up 9.8% YoY. It issued Implementation Measures for the Fair Competition Review Regulations to tackle local protection and market segmentation; market regulators reviewed ne

The State Administration for Market Regulation (National Anti‑Monopoly Bureau) published the China Anti‑Monopoly Enforcement Annual Report (2025), reporting 20 new market‑monopoly cases filed and 22 cases closed in 2025, with fines and confiscations totaling 653 million yuan. The agency completed review of 706 merger filings, up 9.8% YoY. It issued Implementation Measures for the Fair Competition Review Regulations to tackle local protection and market segmentation; market regulators reviewed nearly 60,000 policy measures across levels during the year.