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HomeEconomicChina Trims Administrative Rules To Boost Business Environment, Opening Up

China Trims Administrative Rules To Boost Business Environment, Opening Up

BEIJING, Dec. 16 (Xinhua) — China has announced decisions to amend and repeal 25 administrative regulations to promote standardized and impartial law enforcement, enhance a law-based business environment, and foster high-level opening up to the world. Chinese Premier Li Qiang has signed a State Council decree formalizing these decisions, which is scheduled to take effect on Jan. 20 next year. The 21 revised regulations include those concerning the supervision of medical devices, the administration of publishing, and adjustments to certain penalty mechanisms. Seven of these regulations, including one on governing business premises for internet access services, build on successful pilot practices from free trade zones and will now be implemented nationwide. Key amendments include eliminating certain approval requirements and transitioning others to record-based management, aimed at further stimulating business vitality. The four revoked administrative regulations include provisions related to institutions overseeing public health promotion programs.

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