We learned from the Zhejiang Provincial Market Supervision Administration that according to the “Notice of the General Administration of Market Supervision on Further Improving the Centralized Authorization and Examination System for Operators”, starting August 1 this year, the Zhejiang Provincial Market Supervision Administration has been commissioned by the General Administration of Market Supervision and will be responsible for reviewing simple cases of operator concentration within the three provinces of Zhejiang, Fujian, and Jiangxi. This means that in the future, investment and mergers and acquisitions involving enterprises in Zhejiang, Fujian, and Jiangxi will need to submit centralized declarations from operators and apply simple procedures can be examined nearby in Zhejiang.

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