China aims to further expand the application of international standards and key technical indicators in its product standards to more than 85 percent by 2025, government officials said on Monday.
This commitment seeks to furnish robust support for the cohesive development of both domestic and international trade, they said.
The government will facilitate the alignment and integration of trade regulations between domestic market-oriented companies and export-oriented businesses, promote the coordination of domestic and international trade standards, inspection and certification — as well as regulatory systems — to continuously enhance the conversion rate of international standards, said Sheng Qiuping, vice-minister of commerce, at a news conference in Beijing.
The State Council, or China's Cabinet, revealed a series of measures to speed up the integrated development of domestic and foreign trade last week to simplify regulations and remove obstacles for businesses to access both domestic and foreign markets.
The 18 measures in five areas have been designed to better align domestic and foreign trade rules and systems, including supervision, the convergence of standards, and facilitation of smooth domestic and foreign trade resource flows.
Sheng said the translation of standards into foreign languages, particularly in key sectors, will be strengthened. This will facilitate a more comprehensive global understanding of Chinese standards and help domestic manufacturers minimize costs linked to market transitions.
Customs authorities will focus on market concerns and the needs of various businesses, and continue to excel in comparing, researching and evaluating foreign technical regulations and standards, especially those of developed countries, said Lin.
To advance the alignment and integration of domestic and international trade regulations, he said that the scope of acceptance of third-party inspection and testing results will be expanded.
Market watchers said companies will quicken their pace of innovation to compete with established rivals in other parts of the world.
