Opinion: Enhancing Oversight of Fees on Businesses

In a recent meeting, the State Council reviewed steps to establish a sustainable oversight mechanism for fees affecting businesses. This initiative targets various fee-charging entities such as government departments, intermediary service institutions for administrative approvals, industry associations, and enterprises operating in natural monopolies. The emphasis is on building comprehensive regulation to create an efficient, collaborative long-term oversight framework. The principle of “no charges beyond the list” is clear and straightforward.