China ordered 34 internet corporations to rectify their anti-competitive practices within the next month, signaling that Beijing's scrutiny of its most powerful firms hasn't ended with the conclusion of a probe into Alibaba Group Holding Ltd. These firms must undergo complete rectification after conducting internal checks and inspections over the next month, and make a pledge to society to obey rules and laws, according to the antitrust watchdog.

——China Warns 34 Tech Firms to Curb Excess in Antitrust Review, by Bloomberg

Comment:

Strengthening Internet platform regulation showcases China's efforts to enhance the law enforcement of anti-monopoly, which will further rectify the market orders, optimize the business environment and promote the high-quality economic development.