This column aims to inform you of recent policy announcements made by China’s governmental agencies, with a selection made for its relevance to European SMEs. Do you have questions about regulatory changes and their impact on your business? Ask our experts for free information and advice.
Launch of an Anti-Dumping Investigation on Imports of Pork and Pork By-Products Originating in the European Union
Source: Ministry of Commerce – MOFCOM
Following a formal complaint by the China Animal Agriculture Association, the Ministry of Commerce announced the opening on 17 June of an anti-dumping investigation into imported pork and its by-products from the European Union. Read the full text in Chinese >
Opinions on Expanding Cross-Border E-Commerce Exports and Promoting Overseas Warehouse Construction
Source: Ministry of Commerce – MOFCOM
To support SMEs, the plan encourages leveraging cross-border e-commerce comprehensive pilot zones and industrial parks to develop industry models. Local governments are advised to establish product selection centres and online zones in collaboration with e-commerce platforms. Additionally, the initiative aims to improve financial support, streamline cross-border fund settlement, and enhance logistics capabilities to boost SMEs’ operational efficiency and reduce costs. Read the full text in Chinese >
Announcement of a “Spring Rain Nourishing Seedlings” Special Action Plan for 2024
Source: State Administration of Taxation – SAT
The Action Plan announced by the State Administration of Taxation aims to support the growth of the private sector economy and to optimise tax services for small and medium-sized enterprises. Read the full text in Chinese >
Guiding Opinions on Promoting High-Quality Development of Inclusive Insurance
Source: National Financial Regulatory Administration – NFRA
The National Financial Regulatory Administration has released guiding opinions with the aim of increasing the risk resistance of SMEs and individual industrial and commercial households. The focus is on expanding the supply of property insurance, intellectual property insurance, cargo transportation insurance, and export credit insurance to disperse operational risks and enhance the security of industrial and supply chains. Read the full text in Chinese >
SAMR: Notice on Implementing and Promoting Anti-Monopoly Compliance Guidelines for Industry Associations
Source: State Administration for Market Regulation
This initiative by the State Administration for Market Regulation seeks to create a fair market environment, protect consumer interests, and support high-quality economic development. The main goals include promoting understanding of relevant guidelines, guiding industry associations in establishing effective compliance systems, and ensuring fair market competition. Read the full text in Chinese >
Fair Competition Review Regulations
Source: State Council
The regulations mandate that all drafting entities, including administrative agencies and organisations authorised by laws and regulations with public management functions, must conduct fair competition reviews when drafting policies affecting economic activities. The aim is to ensure that policies do not unjustly restrict market entry or exit, limit the free flow of goods and factors, or create unfair competitive advantages. Read the full text in Chinese >
Launch of the 2024 National Month of Activities for Small and Medium-sized Enterprises
Source: Ministry of Industry and Information Technology – MIIT
The overarching goal of this month of activities is to foster a service environment and industrial ecosystem conducive to the specialised and innovative growth of SMEs. Read the full text in Chinese >
Notice on the Pilot Work for Cities of Digital Transformation for SMEs in 2024
Source: Ministry of Finance – MOF
This initiative aims to advance the digital transformation of SMEs and accelerate the development of new high-quality productivity. Read the full text in Chinese >
Feedback Collection on the Unequal Treatment of Enterprises in Laws, Regulations, and Policies
Source: National Development and Reform Commission – NDRC
The CPC Central Committee and the State Council are seeking feedback to eliminate unequal treatment of enterprises in laws and policies, in order to remove barriers hindering business development. Read the full text in Chinese >
Organisation of a “100 Cities and 1000 Parks” Programme for Industrial Internet Integrated Parks
Source: Ministry of Industry and Information Technology – MIIT
This initiative aims to leverage the clustering advantages of industrial parks and facilitate the widespread adoption of industrial internet at city and county levels, in order to accelerate the digital transformation of enterprises, especially SMEs. Read the full text in Chinese >
Implementation Programme for Coordinating the Construction of Financing and Credit Service Platforms for SMEs
Source: State Council
A new circular vows to strengthen credit information collection and sharing to improve the access to financing services for SMEs. Read the full text in Chinese >
Notice on the Organisation and Promotion of Industrial Clusters for SMEs in 2024
Source: Ministry of Industry and Information Technology – MIIT
County-level authorities have been invited to select top-performing clusters in niche areas in a call for submissions to identify specialised industrial clusters of SMEs in 2024. Read the full text in Chinese >
Notice on the Review and Fostering Work for “Little Giant” Enterprises
Source: Ministry of Industry and Information Technology – MIIT
This initiative aims to support the development of SMEs by identifying and fostering a new group of “Little Giants” known for their specialisation, innovation, and niche market leadership, contributing to the qualitative improvement and structural optimisation of the SME sector. Read the full text in Chinese >
Notice on the Launch of the 2024 “Three Products” National Campaign
Source: MIIT and Ministry of Commerce – MOFCOM
This initiative seeks to enhance the supply capacity of consumer products and services. It aims to contribute to upgrade consumption patterns and solidify the supply foundation in the strategy to expand domestic demand. Read the full text in Chinese >
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