Back    Zoom +    Zoom -
Mainland to Foster "China Standards Brands" in Key Areas, Promote Formulation of International Standards in Services Trade
Recommend
1
Positive
1
Negative
2
China's Ministry of Commerce and the State Administration for Market Regulation jointly issued the "Action Plan for the Standardization of Trade in Services (2026-2030)", proposing to comprehensively advance the standardization of trade in services, foster "China Standards Brands" in key areas, strengthen the promotion and implementation of standards as well as international alignment and cooperation, and accelerate the establishment of a standards system that is well-structured, focused, internationally aligned, and suited to the development stage and needs of the Mainland's trade in services.

The Action Plan also proposes promoting coordinated development and complementary alignment between government-issued standards and market-driven standards in the trade in services sector. It encourages various enterprises, including private enterprises and foreign-invested enterprises, to enhance innovation and formulate forward-looking and leading corporate standards. Efforts will be made to localize advanced and applicable international standards in the Mainland, promote the formulation and application of international standards in trade in services, and enhance their global recognition and influence. At the same time, priority will be given to strengthening the development and application of standards related to trade in services that are oriented toward international markets and support cross-border delivery.

Related NewsVehicle Sales YoY for Apr in China is -2.5%, lower than the previous value of -0.6%.
The Action Plan further states that over five years, a number of standardization technical institutions and leading organizations in trade in services will be cultivated, a batch of key standards in trade in services will be formulated, and participation or leadership in the formulation of a number of international standards in trade in services will be promoted, significantly improving the overall level of standardization in the sector. By 2030, a standards system covering multiple fields and the entire value chain of trade in services, and meeting the needs of high-quality development, will be largely established. (ta/w)
Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details

AASTOCKS Financial News