China is reportedly expected to move to more targeted measures across different sectors to reduce excessive competition and result in quality developments, Securities Times reports citing sources

China is reportedly expected to move to more targeted measures across different sectors to reduce excessive competition and result in quality developments, Securities Times reports citing sources.

This report suggests that China is looking to implement more targeted regulatory measures to curtail excessive competition across various sectors. This could be indicative of a shift towards fostering quality over quantity in economic growth, which may enhance investor sentiment in impacted industries while potentially leading to broader market adjustments as sectors react to new regulations.