The export control law will come into force in December, and the Ministry of Commerce will issue an export control list

category:Finance
 The export control law will come into force in December, and the Ministry of Commerce will issue an export control list


According to reports, in order to better fulfill relevant international obligations, adapt to the needs of export control work under the new situation, and safeguard Chinas national security and interests, China has started relevant legislative work on export control law since 2017. On the basis of summing up the previous experience, China draws lessons from the international practice, improves the legislative level, and formulates the export control law, which guides the export control work, and provides more powerful legal guarantee for the related work.

Gaofeng said that the next step will be to actively promote the legislation of supporting regulations of the export control law, so as to ensure the effective implementation of the various systems established by the export control law.

The Ministry of Commerce said it would issue export control lists in due course