An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. The level of market competition allowed and supported in the economy reached a score of 4.2 on a scale from zero (low competition) to ten (high competition), less than the open economy average of 7.2. Other investigated measures include: financial system development, the development of a modern innovation system, trade openness, direct investment openness, and portfolio investment openness.
Level of pro-competitive market environment in China in international comparison in 2023
Index values range from 0 = low competition to 10 = high competition and are based on an evaluation of the respective country's level of existing and supported market competition, considering the following aspects that sustain a pro-competitive environment: low entry/exit barriers, disciplining of market power abuses, prioritization of consumer interests, limited government participation in the marketplace, and overall clear pro-competitive principles.
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Atlantic Council. (October 15, 2024). Level of pro-competitive market environment in China in international comparison in 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/
Atlantic Council. "Level of pro-competitive market environment in China in international comparison in 2023." Chart. October 15, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/
Atlantic Council. (2024). Level of pro-competitive market environment in China in international comparison in 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/
Atlantic Council. "Level of Pro-competitive Market Environment in China in International Comparison in 2023." Statista, Statista Inc., 15 Oct 2024, https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/
Atlantic Council, Level of pro-competitive market environment in China in international comparison in 2023 Statista, https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/ (last visited November 23, 2024)
Level of pro-competitive market environment in China in international comparison in 2023 [Graph], Atlantic Council, October 15, 2024. [Online]. Available: https://www.statista.com/statistics/1274578/china-level-of-market-competition-in-international-comparison/
