Published on: 2026-05-09
Source: People’s Republic of China in Russian –
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Beijing, May 9 /Xinhua/ — 17 all-China industrial associations and chambers of commerce jointly announced on Friday the implementation in a pilot mode of guidelines for internal trade transactions, aimed at creating a unified, open, and orderly market system based on regulated competition and promoting in-depth the process of building a single national market in the country.
China’s domestic trade market, impressive in its scale, large number of market participants, and broad employment scope, is an important pillar of a competitive domestic market. In 2025, the total retail sales volume of consumer goods in the country exceeded 50 trillion yuan (approximately 7.3 trillion US dollars), making China’s consumer market the second largest in the world after the United States.
Along with this, internal trade continues to face some difficulties, in particular, irregular trading operations, prolonged payment cycles, complications with payment collection, etc. Industry enterprises strive to establish unified transaction rules, which would be characterized by higher standards and clear delineation of rights and obligations.
The new leadership consists of 7 chapters and 38 articles and is based on the principle of compliance with laws and regulations, equality and voluntariness, honesty and integrity, as well as fair competition.
The document clarifies all stages of the transaction — from signing the contract, delivery and acceptance of the goods to payment terms, dispute resolution, and business conduct standards, thereby providing enterprises with an effective and easily implementable code of conduct.
The guidelines were jointly issued by the China Federation of Logistics and Purchasing, the China Chamber of Commerce, the China Textile Industry Association, the China Light Industry Association, the China Federation of Internet Societies, and several other organizations.
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