On August 22, 2024, China announced new guidelines aimed at enhancing its market access system to improve the business environment for both domestic and foreign enterprises. This initiative is part of the broader reform and opening-up strategy that has been pivotal in shaping contemporary China's economic landscape since 2012. The measures include draft regulations from the Market Regulator to facilitate the implementation of the amended Company Law, addressing aspects such as company registration and document filing. Additionally, China continues to promote its pilot free trade zones (FTZs) as attractive options for foreign investment, emphasizing its commitment to welcoming international companies to participate in its economic growth.