The reporter learned today that the General Administration of Market Supervision issued the “Discretionary Provisions on Administrative Penalties for Market Supervision and Administration” to make systematic provisions regulating the discretionary power of market supervision and administrative penalties in the form of departmental regulations. On the basis of the current “Guiding Opinions on Regulating the Discretionary Power of Administrative Penalties in Market Supervision and Management”, the “Regulations” elevate the discretionary rules from regulatory documents to departmental regulations, enhancing the rigidity and authority of the system. At the same time, the “Regulations” clarify the subjects, formulation procedures, main contents, and requirements for adjustment and application of discretionary standards, further enhancing the scientific and accurate nature of discretionary standards.

The reporter learned today that the General Administration of Market Supervision issued the “Discretionary Provisions on Administrative Penalties for Market Supervision and Administration” to make systematic provisions regulating the discretionary power of market supervision and administrative penalties in the form of departmental regulations. On the basis of the current “Guiding Opinions on Regulating the Discretionary Power of Administrative Penalties in Market Supervision and Management”, the “Regulations” elevate the discretionary rules from regulatory documents to departmental regulations, enhancing the rigidity and authority of the system. At the same time, the “Regulations” clarify the subjects, formulation procedures, main contents, and requirements for adjustment and application of discretionary standards, further enhancing the scientific and accurate nature of discretionary standards.