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Legal update
State Council Amends Seven Administrative Regulations to Promote Pilot Free Trade Zones
On December 13, 2024, the State Council published the Decision of the State Council on Amending and Repealing Certain Administrative Regulations (the “Decision”), which will take effect on January 20, 2025.
The Decision amends certain provisions of 21 administrative regulations and repeals 4 administrative regulations. Among these, seven administrative regulations, including the Regulations on the Administration of Business Sites for Internet Access Services, have been amended to extend successful pilot adjustments nationwide, particularly in pilot free trade zones. This includes canceling certain approval items and changing some approval items to record management to further stimulate the development vitality of business entities. Additionally, the State Council has amended three administrative regulations to simplify the certification of official documents, promoting institutional openness in the circulation of foreign-related documents.