China’s New Foreign Trade Law Aims to Boost Trade Amid Profit Decline
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China’s new Foreign Trade Law, approved by the National People’s Congress Standing Committee, takes effect March 1, 2025, promoting high-quality foreign trade development, supporting digital and green trade models, and strengthening countermeasures amid global economic shifts and domestic profit declines. New Foreign Trade Law effective March 1, 2025, with 11 chapters and 83 articles focusing on national security and development. Reforms elevate negative list for cross-border services, digital trade promotion, and green systems to legal status. China’s industrial profits fell 13.1% in November 2025 per National Bureau of Statistics data, prompting trade enhancements. China’s Foreign Trade Law update effective March 1, 2025 drives digital trade growth and reforms amid profit drops. Explore key changes, impacts on economy, and strategic shifts for high-level opening-up. Read now for insights! What is China’s New Foreign Trade Law? China’s new Foreign Trade Law represents a comprehensive overhaul approved by the Standing Committee of the National People’s Congress, set to come into force on March 1, 2025. Originally enacted in 1994 and revised in 2004, with minor amendments in 2016 and 2022, this version aligns with the CPC Central Committee’s directives for high-quality foreign trade development. It comprises 11 chapters and 83 articles, emphasizing service to national economic goals while prioritizing sovereignty, security, and development interests. How Does the New Law Support Digital Trade and New Business Models? The law establishes a robust legal framework for emerging trade practices. Key reforms include the negative list management system for cross-border service trade, alongside explicit support for new foreign trade forms and models. According to the Committee’s statement, these measures have been “elevated to legal systems,” including acceleration of digital trade development and green trade systems. This alignment aims to match high-standard international economic and trade rules selectively, fostering China’s role in shaping global standards. Officials must…
Filed under: News - @ December 27, 2025 9:09 pm