State Council

The State Council has issued the “Several Opinions on Strengthening Supervision, Preventing Risks, and Promoting High Quality Development of the Insurance Industry,” setting a goal for the insurance sector to become globally competitive by 2035. The document emphasizes the acceleration of pension insurance as a “third pillar,” aiming to bolster…

China’s State Council has issued a strategic directive titled “Opinions on Promoting the High-quality Development of Service Trade through High-level Opening up,” aiming to bolster the service trade sector as a pivotal component of the country’s broader economic opening and a catalyst for foreign trade growth. The policy outlines the…

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…

In a bid to address the evolving healthcare needs of an aging population and a workforce with diverse employment forms, the State Council of China has issued a comprehensive set of guidelines aimed at improving the basic medical insurance (BMI) subscription long-term mechanism. The new framework seeks to enhance the…

The State Council of China has released a “Five Year Action Plan for Deepening the Implementation of the People-oriented New Urbanization Strategy,” aiming to enhance urbanization and tackle the challenges associated with agriculture, countryside, and farmers, collectively known as the “Three Rural Issues.” The plan emphasizes the expansion of social…

The Ministry of Industry and Information Technology (MIIT) has released a report on the first half of 2024 pharmaceutical foreign trade trends in China, showing a slight decline in the overall trade volume. The import and export trade of pharmaceutical products between China and the global market reached USD 97.755…

The third plenary session of the 20th Central Committee of the Communist Party of China convened in Beijing from July 15-18, 2024. This pivotal meeting, held approximately every five years, is instrumental in charting the country’s social and economic policy directions. The 2024 session highlighted two central themes: ‘further deepening…

A State Council executive meeting, chaired by Chinese Premier Li Qiang, reportedly approved an “Implementation Plan for Full Industry Chain Support of Innovative Drug Development” in late March. The full document has yet to be publicly disclosed. A draft of the plan had circulated among industry social media circles in…

Hefei Airport Port, located in the city of Hefei, China, has been designated as a port for drug imports. This designation allows for the importation of certain Chinese medicines and chemicals, including narcotics and psychotropic substances, through this port. As stipulated by Article 10 of the Administrative Measures for the…

The State Council has issued a notification outlining key medical system reforms for 2024, aiming to guide local governments in further fulfilling their responsibilities to comprehensively deepen the medical reform process.

The State Council of China has released its annual legislative work plan for 2024, outlining a comprehensive agenda that includes 21 bills to be reviewed by the National People’s Congress (NPC) Standing Committee and 30 administrative regulations slated for formulation or revision. Among the key legislative drafts on the agenda…

Chinese Premier Li Qiang presented a concise Government Work Report at the Second Session of the 14th National People’s Congress (NPC) on March 5. The report outlined key focuses for the biomedicine sector, emphasizing the acceleration of innovation to stimulate economic recovery. This includes advancements in cutting-edge fields such as…

The General Office of the CPC Central Committee and State Council has released the “Implementation Plan for Comprehensive Reform Pilot in Pudong New Area (2023-2027)”, outlining a series of measures aimed at enhancing the high-level opening-up and deepening reforms within the Shanghai municipality’s district. The plan targets the healthcare industry…

China’s State Council has issued the “Guiding Opinions on Promoting the High Quality Development of Disease Prevention and Control,” outlining a comprehensive plan to enhance the country’s public health infrastructure. By 2030, the nation aims to refine its multi-departmental, cross-regional, and military-civilian joint prevention and control mechanism. The strategy involves…