Net firms, govt push antitrust rules

New measures set to rein in monopolistic practices in the sector. He Wei reports from Shanghai.

After a decade of expansive growth, China's internet companies are poised to take a more cautious approach.

When Premier Li Keqiang delivered the Government Work Report at the fourth session of the 13th National People's Congress on Friday, he said the government will improve the competition policy framework and the fair competition review mechanism.

It will also strengthen law enforcement in relation to monopolies and unfair competition, guard against disorderly capital expansion and strive to create a fair and impartial environment in which all market entities will be treated as equals and engage in fair competition.