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China implements a “centralized operator review system” for transactions such as enterprise investment, mergers and acquisitions. I learned from the General Administration of Market Regulation that in the 12 years since the implementation of the “Simple Case Examination System for Centralized Operators” established specifically for mergers and acquisitions transactions that are unlikely to cause competition problems, the review efficiency has continued to improve. Since this year, nearly 89% of unconditional approval cases have passed the simplified procedure, and the average review time has been reduced from 39.9 days in 2014 to 18.6 days.
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China implements a “centralized operator review system” for transactions such as enterprise investment, mergers and acquisitions. I learned from the General Administration of Market Regulation that in the 12 years since the implementation of the “Simple Case Examination System for Centralized Operators” established specifically for mergers and acquisitions transactions that are unlikely to cause competition problems, the review efficiency has continued to improve. Since this year, nearly 89% of unconditional approval cases have passed the simplified procedure, and the average review time has been reduced from 39.9 days in 2014 to 18.6 days.
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