A new draft regulation on quality standards was passed Wednesday by an executive meeting of the State Council chaired by Chinese Premier Wen Jiabao.
The draft regulation clarifies the principles that the quality standards authority business should follow and the legal liability it bears, as well as what supervision the administration should impose on companies and institutions involved in the business.
The draft regulation founded a basic legal framework to meet the need of the booming quality standards business in China, according to the meeting of the State Council.
The meeting agreed that healthy growth of quality standards business is conducive to improving the competitiveness and quality of products and services after the country's entry into the World Trade Organization (WTO).
The regulation will be unveiled formally by the State Council soon after minor alterations.