China Commits to Optimizing Market Access for Emerging Sectors and Global Scientific Collaboration

The General Office of the Communist Party of China (CPC) Central Committee and the State Council have issued the “Opinions on Improving the Market Access System,” consolidating market access management measures under a unified national negative list. This list encompasses existing regulations from laws, administrative statutes, State Council decisions, and local provisions, along with temporary measures established by provincial-level governments, autonomous regions, and municipalities, all in accordance with legal frameworks.

The directive aims to streamline all national-level access lists, integrating industry policies, investment guidelines, environmental regulations, and national spatial plans into the negative list management system for market access. This system ensures that various business entities have equal legal footing to enter markets not listed as restricted.

The document underscores the optimization of the market access environment for emerging sectors such as life and health, artificial intelligence, and biomedicine. It calls for key enterprises, research institutions, and innovative entities, along with relevant localities, to establish advanced global scientific research collaboration models. This initiative is designed to actively engage in the development of international market access rules and standards and to expedite the application of innovative achievements in pivotal fields.

Focusing on strategic emerging industries, future industry key areas, and significant productivity layouts, the plan involves selecting key regions to pilot market access relaxation. This approach will see the formulation and implementation of special measures to ease market access in batches.- Flcube.com

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