Code System: List and State Council

code system: The government will further relax market access restrictions and cut the number of items on the negative list, according to Global Times China. No additional hidden restrictions or limits are allowed, read the statement by the State Council. The new list is among a series of key plans announced by the General Office of the State Council on Monday in a bid to deepen reforms to simplify procedures, decentralize power, enhance supervision, optimize public services and improve business climate. Beijing will promote the management model of one list for the whole country and establish a nationwide code system for the list. China has introduced market access negative list since rolling out the first edition of the list in December 2018. Local departments are forbidden to establish separate market access negative lists, the statement said. (news.financializer.com). As reported in the news.

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