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China’s Standing Committee of the National People’s Congress on Saturday signed off on the new version of the Foreign Trade Law, saying it’s legally coming into force on March 1st. The law first came into effect in 1994, got updated in 2004, and was lightly amended in 2016 and 2022. But this year’s new rules follow the CPC Central Committee’s direction to “promote high-quality development” in China’s foreign trade. The Committee said:- “This is an important measure taken against the backdrop of profound changes in the global economic and trade landscape and the accelerated restructuring of international rules, and is of great significance for promoting high-level opening-up, maintaining foreign trade order, and protecting the legitimate rights and interests of foreign trade operators.” Law lays out legal structure, reform plans, and enforcement muscle The new law is made up of eleven chapters and eighty-three articles. The Committee said foreign trade must serve “national economic and social development” and push the goal of turning China into a “strong trading nation.” And yeah, it puts “national sovereignty, security and development interests” right up front. The law pushes reforms that will legally lock in newer trade models. According to the Committee: “Reform measures such as the negative list management system for cross-border service trade, support and promotion of the development of new forms and models of foreign trade, support and encouragement of the development of digital trade, and acceleration of the establishment of a green trade system have been elevated to legal systems.” A big chunk of the law is aimed at matching “high-standard international economic and trade rules.” Officials are now legally expected to align China’s rules with global standards, but only when it serves the country’s own plan. They’re also expected to help write new global rules, not just follow them. So…

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Filed under: News - @ December 27, 2025 9:01 pm