Source: People’s Republic of China – State Council News
Beijing has further expanded its “no unnecessary intervention” policy for companies, optimizing regulatory approaches to support innovation and healthy growth in key sectors.
According to municipal market regulation administration, the city has added 128,000 companies to the disturbance-free list, bringing the total to 231,000.
For companies on the list, regulators usually conduct non-intrusive, remote inspections, significantly reducing on-site visits.
Currently, scientific and technological firms account for 40% of the companies on the list, including 23,000 in artificial intelligence and other high-tech fields.
So far this year, 77% of the inspections have been off-site. The first batch of companies added on the list have seen a 79.1% drop in inspections.
Authorities noted that eligibility is based on the companies’ credit and risks, and those on the list will be continuously monitored for compliance.