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China's State Planning Body Grows More Assertive As Revamp Looms

wochit news
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March 02, 2014 AT 11:39 AM
China will present proposals to revamp its behemoth economic planning agency at an annual session of parliament this week, sources said. but the organization's role as an antitrust regulator could eventually be enhanced. Chinese and foreign companies, including U.S. technology firms Qualcomm Inc. and InterDigital Inc., have fallen afoul of the National Development and Reform Commission (NDRC) in recent months as its anti-monopoly arm has become more assertive.