The market mechanism includes

Legal analysis: General market mechanism refers to the market mechanism that exists and plays a role in any market, mainly including supply and demand mechanism, price mechanism, competition mechanism and risk mechanism. Specific market mechanism refers to the specific market mechanism that plays a unique role in various markets, including interest rate mechanism in financial market, exchange rate mechanism in foreign exchange market and wage mechanism in labor market. Market mechanism: it is a mechanism to adjust economic operation through the fluctuation of market price, the pursuit of interests by market subjects and the change of market supply and demand, and it is an organic connection and function between supply and demand, competition, price and other factors in market economy. Market operation mechanism is the overall function of market economy and the most important driving factor in the process of economic growth.

Legal basis: Order No.2 of the State Administration of Market Supervision, Interim Provisions on Administrative Punishment Procedures for Market Supervision and Administration Article 5 The market supervision and administration department at a higher level shall strengthen supervision when imposing administrative punishment on the market supervision and administration department at a lower level. Market supervision and management departments at all levels shall strengthen supervision over the implementation of administrative punishment by their internal organs, dispatched institutions and entrusted organizations.