外贸“基本法”大修 固定改革成果保障高水平对外开放

Core Viewpoint - The newly revised Foreign Trade Law of the People's Republic of China will take effect on March 1, 2026, marking a significant overhaul aimed at enhancing the legal framework for foreign trade and expanding high-level openness in the sector [2][3]. Group 1: Legislative Changes - The new law consists of 11 chapters and 83 articles, establishing a negative list management system for cross-border service trade, reflecting China's commitment to opening up international service trade [3][4]. - The law incorporates previous reform measures into a legal framework, enhancing the stability and authority of policies related to cross-border service trade [5]. Group 2: Support for Small and Medium Enterprises - The law explicitly states that the government will support and facilitate small and medium-sized enterprises (SMEs) in engaging in foreign trade, providing conveniences in regulation, financing, and foreign exchange settlement [9]. - It also establishes a trade adjustment assistance system to support enterprises affected by trade remedy measures, enhancing their resilience [9][10]. Group 3: Promotion of Green Trade - The new law emphasizes the establishment of a green trade system, encouraging the export of green low-carbon products and promoting international cooperation in green trade [6][7]. - It aims to address trade barriers related to green products, providing strategic directions for international collaboration and standardization [6][7]. Group 4: Digital Trade and New Business Models - The law recognizes the importance of new business models such as cross-border e-commerce and supports the use of electronic documents and international mutual recognition of digital certificates and signatures [8]. - This legal backing is expected to facilitate the development and transformation of digital trade, ensuring compliance with international standards [8].