Core Points - The new regulations by the State Administration for Market Regulation (SAMR) aim to address the current economic situation and the actual needs of individual businesses, providing detailed rules for various aspects such as business location registration, direct conversion from individual to enterprise, inheritance of business rights, cross-regional migration, and market exit for inactive individual businesses [1][2]. Group 1: Individual Business Transformation - Individual businesses can now convert to enterprises through a change registration process, retaining their unified social credit code, establishment date, name, and relevant administrative permits, thus facilitating the transformation and reducing costs [2][4]. - The new regulations resolve the previous challenges of converting individual businesses to enterprises, which required cancellation and re-establishment, causing loss of goodwill and continuity [4]. Group 2: Cross-Regional Migration - The regulations simplify the process for individual businesses to migrate across regions by allowing them to apply for change registration at the new location without needing to cancel their previous registration, thus preserving their accumulated goodwill [5]. - Individual businesses can now register multiple operating locations under one business license, enabling them to open branches and effectively reduce management costs [5]. Group 3: Online and Offline Integration - The regulations support the integration of online and offline operations for individual businesses, allowing them to register both physical and online business locations simultaneously, thus facilitating a "one license, multiple addresses" approach [5][7]. - The SAMR emphasizes the importance of serving the growing number of online business operators, such as live streamers and e-commerce sellers, to ensure employment stability and benefit the public [7].