So far this year, the business community has witnessed positive policy shifts from regulatory bodies, with the government actively addressing outdated regulations and streamlining administrative procedures. However, enterprises have higher expectations on the reforms and resolve to handle the bottlenecks of the regulations.
One major concern remains fire safety regulations, including specifications for fire-resistant paint, fire resistance ratings, fire separation distances, and water supply system having creating significant obstacles for businesses.
Dialogues have been held between state management agencies and associations and businesses to revise the law on fire prevention and fighting to remove roadblocks for them.
The transit cargo regulations have challenged the logistics sector as well./.
