China to Better Enforce Antitrust Law

The video discusses Beijing's policy priorities for 2021, focusing on strengthening law enforcement against monopolistic practices, especially in new sectors like platform companies and the sharing economy. It highlights the regulation of consumer data. Additionally, Xi Jinping emphasizes the importance of intellectual property rights as part of a national strategy for quality development and national security, addressing concerns of both foreign and domestic companies regarding IP theft.

What is one of the main policy priorities for Beijing in 2021?

• Reducing taxes for small businesses

• Strengthening law enforcement against monopolistic practices

• Increasing military spending

• Promoting tourism

Which sectors are particularly targeted for increased regulation?

• Real estate and construction

• Agriculture and manufacturing

• Platform companies and the sharing economy

• Healthcare and education

What is the focus of Xi Jinping's upcoming article?

• Expanding international trade

• Reducing carbon emissions

• Improving healthcare access

• Strengthening intellectual property rights

Why is strengthening intellectual property rights considered a national strategy?

• To increase tourism

• To ensure quality development and national security

• To promote cultural heritage

• To reduce unemployment

What concern do China's small and private enterprises have regarding intellectual property?

• Their IP being stolen by other companies

• Lack of skilled labor

• Limited access to international markets

• High taxation rates