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Central Committee and State Council Issue Opinions: Pilot Market Access Relaxation in New Business Forms and New Fields

The General Office of the CPC Central Committee and the General Office of the State Council issued opinions on promoting deep integration of technological innovation and industrial innovation, proposing to improve the market environment that incentivizes innovation. The opinions call for removing institutional barriers that unreasonably restrict innovative products from entering the market, carrying out pilot programs to relax market access in new business forms and new fields, and exploring a commitment-based entry system; strengthening regulation of new technology applications, exploring sandbox regulatory approaches, and advancing sound laws and regulations in frontier fields such as artificial intelligence and biotechnology, and improving institutional norms for science and technology ethics.

Part of the event: Central Office and State Council Issue Opinions on Deep Integration of Technological and Industrial Innovation

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