The “Administrative Provisions on the Registration of Business Names” has been amended, which will be effective on 1 March 2021
A business name is the main factor on distinguishing the market operators. With the development of economy, the market operators are increased, so the rule on the administration of business name is important. However, business names are managed by administrative divisions independently; some market operators would register same or similar business names in different cities, with which those market operators could achieve the illegitimate purpose of “Free-ride”. In order to regulate business names, and administrate unfair competition behaviors, on December 14, 2020, the 118th executive meeting of the State Council passed the revised “Administrative Regulations on Enterprise Name Registration” (hereinafter…