Ministry of Commerce and 9 other departments: Prohibit setting up barriers such as registering independent legal persons and minimum investment thresholds for cross-regional operations of chain retail enterprises.
The Ministry of Commerce and 9 other departments have issued opinions on accelerating innovation and development in the retail industry. It mentioned reducing the burden on enterprises, implementing the requirements for building a unified national market, and prohibiting setting up barriers to entry for chain retail enterprises to operate across regions, such as registering independent legal entities and minimum investment requirements. It also supports retail enterprises participating in green certification and green electricity trading. For eligible retail enterprises, relevant policies for stabilizing employment and promoting job creation will be implemented according to regulations.
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