Economy & Trade

On 28 March 2025 the General Office of the State Council introduced the “Guiding Opinions on Establishing and Improving the Long-term Supervision Mechanism for Enterprise-related Charges” (“Guiding Opinions”). This policy framework aims to standardize and enhance the supervision of enterprise-related charges, marking a crucial shift in regulatory oversight. By introducing a comprehensive directory listing system, […]

On 21 March 2025, the General Office of the CPC Central Committee and the General Office of the State Council introduced China’s latest directive on the Social Credit System (SCS). The policy expands the role of creditworthiness across government institutions, businesses, social organizations, and individuals. As China continues its economic reforms, the SCS aims to

In an effort to reduce the operational costs of businesses and create a more transparent and fair market environment, China has unveiled new guidelines aimed at regulating enterprise-related fees. The “Guiding Opinions of the General Office of the State Council on Establishing and Improving a Long-term Regulatory Mechanism for Enterprise-related Fees” outlines comprehensive measures to standardize fee collection, eliminate unauthorized charges, and improve governance.

China is making a strategic push to establish Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing as international consumption center cities, aiming to strengthen their global economic influence and enhance domestic consumption. The latest government measures provide comprehensive support across eight key areas, ensuring these cities develop into premier destinations for international commerce, tourism, and cultural exchange.

On March 24, 2025, China officially enacted the Provisions on the Implementation of the Anti-Foreign Sanctions Law of the People’s Republic of China under State Council Decree No. 803. These new regulations establish a structured legal framework for enforcing countermeasures against foreign sanctions, aiming to protect China’s sovereignty, security, and economic interests.

China is stepping up its regulatory oversight on market concentration with the introduction of new discretionary guidelines for administrative penalties related to mergers and acquisitions.

The 2025 China Development Forum (CDF), held on March 23 in Beijing, provided significant insights into China’s economic priorities and policy directions. Government officials from key institutions, including the Central Financial and Economic Commission, the Ministry of Industry and Information Technology, and the Ministry of Finance, …

China is taking significant steps to enhance its trade policy compliance, aligning with international rules while fostering a competitive and transparent business environment. The recently issued Opinions on Further Strengthening Trade Policy Compliance by the General Office of the State Council underscores this commitment.