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China implements new supply chain security regulations
Investing.com — According to Xinhua News Agency, China issued new supply chain security rules on Tuesday, authorizing relevant departments to investigate foreign entities deemed to pose threats to China’s supply chain and to take countermeasures.
The rules were issued by China’s State Council and took effect immediately upon publication. The measures are intended to strengthen the security of industrial chains and supply chains in key sectors, while also promoting international cooperation.
Under the new framework, China’s relevant authorities may conduct security investigations and implement countermeasures against foreign entities viewed as posing threats to supply chain security. This includes situations involving unauthorized supply chain research or data collection within China.
The rules encourage domestic companies to expand and diversify their supply channels and to participate in international cooperation. As reported by Xinhua News Agency, China said it will balance development with security while advancing high-level opening up to the outside world.
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