Sino-Singapore Jingwei Client January 1st (Xiong Siyi) The import tariff rate of frozen pork was reduced to 8%, China tourists were granted visa-free entry to Malaysia, and 70 new drugs joined the ranks of medical insurance reimbursement … … Since January 1st, a wave of new regulations have been formally implemented. Which one wins your heart the most? Take a quick look.
Adjustment of import tariffs on some commodities
According to the notice of the State Council Customs Tariff Commission, from January 1, 2020, China will impose a provisional import tariff rate lower than the most-favored-nation tariff rate on 859 commodities. Tax-reduced commodities include domestic consumer goods that are relatively scarce or have foreign characteristics, such as frozen pork, frozen avocado (avocado) and non-frozen orange juice. Among them, the import tariff rate of frozen pork was reduced from 12% to 8%. In addition, zero tariffs are imposed on alkaloid drugs used to treat asthma and raw materials for producing new diabetes drugs.
Visa-free entry to Malaysia
Within one year from January 1st, 2020, tourists from China and India will enjoy visa-free entry to Malaysia, with a maximum stay of 15 days. Chinese and Indian tourists must register in the electronic system of the relevant immigration bureau, and hold air tickets to and from their home countries or to third countries and sufficient funds to make the trip.
Foreign investment is more equal.

Photo by Xin Jingwei in the data map
On March 15th, 2019, the Second Session of the 13th National People’s Congress voted to pass the Foreign Investment Law of People’s Republic of China (PRC), which came into effect on January 1st, 2020.
At the the State Council executive meeting held in December 2019, the "Regulations on the Implementation of the Foreign Investment Law of People’s Republic of China (PRC) (Draft)" was formally adopted, and it is scheduled to be implemented simultaneously with the foreign investment law from January 1, 2020. Gao Feng, spokesman of the Ministry of Commerce, said that the implementation regulations of the Foreign Investment Law mainly have three characteristics: strengthening the consistency between domestic and foreign investment, strengthening investment protection and strengthening legal responsibility.
The business environment is more optimized
The Regulations on Optimizing the Business Environment shall come into force on January 1, 2020. The heads of the Ministry of Justice and the Development and Reform Commission pointed out that in terms of creating a good market environment, the Regulations focus on solving the problems of pain points and difficulties in the production and operation activities of market participants, and strive to purify the market environment, better stimulate market participants to be more energetic and improve their competitiveness. First, focus on breaking down barriers to market access and market exit; The second is to focus on the implementation of tax reduction and fee reduction policies; The third is to focus on solving the problem of "difficult financing and expensive financing".
Compensation for land acquisition according to the comprehensive land price of the district
In August, 2019, the 12th meeting of the 13th the National People’s Congress Standing Committee (NPCSC) passed the decision on amending the Land Management Law and the Urban Real Estate Management Law, which will take effect on January 1, 2020. In terms of compensation for land expropriation, Yang Heqing, deputy director of the Economic Law Office of the Legal Affairs Committee of the National People’s Congress Standing Committee (NPCSC), said that instead of taking the annual output value of land as the standard, compensation is now implemented according to the comprehensive land price of each district.
70 new drugs join the ranks of medical insurance reimbursement

Photo by Xin Jingwei in the data map
The full version of the 2019 National Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance is scheduled to be officially implemented on January 1, 2020. In the new national medical insurance drug list, 70 drugs were added to the medical insurance reimbursement, and 27 drugs were renewed. 70 new drugs, the average price dropped by 60.7%; The average price of 27 drugs renewed was reduced by 26.4%.
High-speed traffic implements new charging standards
In July 2019, the Ministry of Transport issued the Industry Standard on Implementing the Classification of Toll Vehicle Types on Toll Roads (JT/T 489— 2019) Notice on Relevant Issues, clarifying that toll roads will uniformly collect vehicle tolls according to the new classification from January 1, 2020. For trucks and special work vehicles, from January 1, 2020, the electronic toll collection function will be enabled, and ETC single card users (ETC users without on-board devices) will no longer enjoy the basic preferential policy of vehicle tolls of not less than 5% in principle.
The adjustment pricing mechanism of the network car platform will be announced at least 7 days in advance.
In November 2019, the Ministry of Transport and the National Development and Reform Commission issued the Opinions on Deepening the Reform of Road Transport Prices, which will take effect on January 1, 2020. According to the Opinions, during Spring Festival travel rush and holidays, special fare increase policies should not be implemented outside the scope of normal government guidance prices or government pricing levels. Road transport operators shall, in accordance with the provisions of the price policy, formulate or adjust the price, and the network car platform company shall adjust the pricing mechanism or dynamic fare increase mechanism, which shall be announced to the public at least 7 days in advance.
Implementation of password law: classified management of passwords.
In October 2019, the National People’s Congress Standing Committee (NPCSC) deliberated and passed the People’s Republic of China (PRC) Cryptography Law, which will come into force on January 1, 2020. The person in charge of the National Cryptography Administration pointed out that it is the basic strategy to ensure password security to divide passwords into core passwords, common passwords and commercial passwords and implement classified management.
Implementation of new regulations on consumer goods recall
In November 2019, the Interim Provisions on the Management of Consumer Goods Recall was reviewed and approved, and will come into force on January 1, 2020. The "Regulations" mentioned that producers and other operators engaged in consumer goods sales, leasing, repair and other activities should establish a collection, verification, analysis and processing system for consumer goods defect information. Encourage producers and other operators to establish a traceability system for consumer goods.
Withdraw from all kinds of growth-promoting drugs and feed additives except traditional Chinese medicine
The Ministry of Agriculture and Rural Affairs has made it clear that from January 1, 2020, all kinds of growth-promoting drug feed additives except traditional Chinese medicine will be withdrawn, veterinary drug production enterprises will stop production, imported veterinary drug agents will stop importing corresponding veterinary drug products, and at the same time, the corresponding approval number of veterinary drug products and the registration certificate of imported veterinary drugs will be cancelled. The corresponding veterinary drug products that have been produced and imported before can be circulated until June 30, 2020.
Coal-electricity price linkage mechanism cancelled
Since January 1, 2020, the Guiding Opinions on Deepening the Reform of the On-grid Electricity Price Formation Mechanism of Coal-fired Power Generation issued by the National Development and Reform Commission has been implemented. The "Opinions" clearly change the current on-grid electricity price mechanism of coal-fired power generation benchmarking into a market-oriented price mechanism of "benchmark price+fluctuation".
New local regulations
Beijing: Cancellation of all paper certificates for affordable housing applications.

Photo by Xin Jingwei in the data map
On December 29, 2019, the Beijing Municipal Commission of Housing and Urban-Rural Development issued a notice to further simplify the application procedures for the qualification of affordable housing. One is to cancel all paper certificates, and all family members who apply only need to fill in the information such as "income, housing and property" and promise in writing to meet the corresponding conditions. The relevant information is checked and reviewed through inter-departmental information sharing. The new regulations will come into force on January 20, 2020.
Jiangsu: Unregistered information of rented houses will be recorded in credit records.
In November 2019, the website of the Jiangsu Provincial Government issued the Regulations on the Administration of Public Security of Rental Housing in Jiangsu Province, which will take effect on January 1, 2020. The "Regulations" clarify that if lessors, lessees, real estate brokers, property service enterprises and Internet platform operators fail to report or forward registration information in accordance with these regulations, the public security organs shall order them to make corrections, impose penalties according to law and record them in credit records.
Qingdao, Shandong: Fireworks and firecrackers are prohibited.
In September 2019, the 14th meeting of the Standing Committee of the 13th People’s Congress of Shandong Province decided to approve the Regulations of Qingdao Municipality on Prohibiting Fireworks and Firecrackers, which will take effect on January 1, 2020. The "Regulations" clarify that fireworks and firecrackers are prohibited in Shinan District, Shibei District and Licang District of Qingdao, as well as in the built-up areas of Laoshan District, Chengyang District and Huangdao District, and other districts and cities may also designate prohibited areas within their respective jurisdictions. (Zhongxin Jingwei APP)