China to Further Ease Market Access in Shenzhen
On 26 January 2022, the National Development and Reform Commission of the PRC released an opinion on easing market access in Shenzhen on its website. The opinion was jointly issued by the National Development and Reform Commission and the Ministry of Commerce, which rolls out 24 special measures to ease market access in the sectors of science and technology, finance, medical care, education, culture, transportation and so on in Shenzhen. The details are as follows:
- Application of Advanced Technologies and Their Industrial Development
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Establish a market-based international trading center for electronic components and integrated circuits.
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(2)
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Relax market access to data elements transactions and cross-border data services.
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(3)
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Optimize market-access environment for the application of advanced technologies.
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(4)
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Optimize the application mode of 5G, internet of things and other new generation of information technology.
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(5)
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Support the establishment of international industries and standards organizations.
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- Financial Investment
(1)
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Improve financial support for agricultural supply chains.
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(2)
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Promote Shenzhen-Hong Kong-Macao insurance market connectivity.
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(3)
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Further facilitate cross-border trade settlement.
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(4)
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Optimize the market environment of real estate investment trusts (REITs) in the field of infrastructure.
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- Medicine and Health
(1)
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relax restrictions on market access for pharmaceuticals and medical devices.
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(2)
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Pilot trials of prescription drug online sales.
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(3)
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Optimize approval and access services for human genetic resources.
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(4)
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Relax the qualification and business access restrictions for medical institutions.
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- Education and Culture
(1)
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Support the reform and development of higher education and vocational education in Shenzhen.
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(2)
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Optimize the market environment of online games, audio-visual and live broadcasting.
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- Transportation
(1)
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Optimize the market access environment for the development of cruise ship industry.
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(2)
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Establish unified access standards and open application platforms for land-sea-air unmanned systems.
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(3)
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Relax access restrictions in aviation sector.
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(4)
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support for the construction and operation of new energy vehicle charging and replacement infrastructure in Shenzhen.
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- Other Key Sectors
(1)
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Improve the access system of jewelry and jade industry in Shenzhen.
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(2)
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Relax access restrictions in communication sector.
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(3)
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Carry out the pilot acceptance of inspection, testing and certification results.
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(4)
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Relax market access for urban renewal business and promote life cycle management.
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(5)
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Optimize the development environment of the elderly care market.
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