BUSINESS China to expand market access to industrial products

BUSINESS

China to expand market access to industrial products

Xinhua

19:49, August 28, 2019

217d5a08b5fb4d0082f9c2d677f73c11.jpg

File photo: CGTN

BEIJING, Aug. 28 (Xinhua) -- China's State Council decided Wednesday to further ease market access by scrapping production permits for some industrial products.

An additional 13 categories of industrial products including internal combustion engines and brake fluid will be exempted from applying for a permit for production, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.

The move aims to cut administrative red tape and stimulate enterprises' innovation, the statement said.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue