General Offices of the CPC Central Committee and State Council: Pilot Programs to Relax Market Access in New Formats and Sectors

36Kr reports that the General Offices of the CPC Central Committee and the State Council have issued an opinion on promoting deep integration of technological innovation and industrial innovation. The document calls for improving a market environment that incentivizes innovation, removing institutional barriers that unreasonably restrict innovative products from entering the market, launching pilot programs to relax market access in new formats and sectors, and exploring a 'commitment-based entry' system. It also emphasizes strengthening regulation on the application of new technologies by exploring 'sandbox supervision' methods, advancing laws and regulations in frontier fields such as artificial intelligence and biotechnology, and refining ethical standards for science and technology.