Regulatory Changes - The "Regulations on Sharing Government Data" will take effect on August 1, emphasizing unified directory management of government data and prohibiting unauthorized use or sharing of data obtained through sharing [1] - The "New Classification and Directory of Occupational Diseases" will also be implemented on August 1, expanding from 10 categories and 132 types of occupational diseases to 12 categories and 135 types, including new categories for occupational musculoskeletal diseases and occupational mental and behavioral disorders [1] - The "Administrative Penalty Discretionary Power Standards for Cybersecurity Violations" will be enforced on August 1, stipulating heavier penalties for severe violations affecting network information and data security [1] Financial Sector Regulations - The "Anti-Money Laundering and Counter-Terrorism Financing Management Measures for Precious Metals and Gemstone Practitioners" will be effective on August 1, requiring institutions to report cash purchases of gold and diamonds exceeding 100,000 yuan [2] - The "Management Measures for Reporting Cybersecurity Incidents in the Business Sector of the People's Bank of China" will also take effect on August 1, outlining reporting requirements for financial institutions in the event of cybersecurity incidents [2] Safety and Quality Regulations - The "Defective Special Equipment Recall Management Rules" will be implemented on August 1, covering special equipment such as elevators and amusement facilities, detailing the recall process [3] - The "Cosmetic Safety Risk Monitoring and Evaluation Management Measures" will take effect on August 1, focusing on monitoring five categories of risk substances that could harm health [4] - The "Labeling Management Regulations for Traditional Chinese Medicine Pieces" will be enforced starting August 1, 2025, requiring labels to include production dates and shelf life [4]

Core Viewpoint - The National Market Supervision Administration has introduced a comprehensive regulatory framework for special equipment safety, marking a significant advancement in China's regulatory capabilities [1][2]. Group 1: Regulatory Measures - The newly implemented sandbox regulatory system aims to enhance pre-regulation by allowing companies to test new materials and technologies in a controlled environment, thereby balancing innovation and safety [2]. - The administration has issued several documents, including the "Notice on the Trial Implementation of the Special Equipment Safety Sandbox Regulatory System" and the "Defective Special Equipment Recall Management Rules," to strengthen the regulatory framework [1][2]. Group 2: Current Equipment Statistics - As of the end of 2024, there will be approximately 22.94 million special equipment units in China, along with 318 million gas cylinders and 1.1748 million kilometers of pressure pipelines [3]. Group 3: Recall System - The new rules establish that the production units of special equipment are responsible for recalling defective products, which includes a detailed process for stopping sales, notifying customers, and implementing recalls [3].