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State Tobacco Monopoly Administration Proposes Revisions to Certain E-cigarette Regulatory Policy Documents
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The State Tobacco Monopoly Administration issued a notice on proposed revisions to certain e-cigarette regulatory policy documents (consultation draft), stating that the e-cigarette industry has been incorporated into regulation in accordance with the law, with a scientifically sound and rational industry layout, stable and orderly market operations, and more efficient resource allocation. It aims to achieve total volume management under a dynamic balance of supply and demand, implement relevant national tobacco control requirements, effectively safeguard public health and safety, and place the development of the e-cigarette industry on a law-based and standardized track. To achieve a balance between supply and demand in the e-cigarette market, total volume management will be implemented for relevant e-cigarette manufacturing enterprises, with production capacity and scale verified in accordance with laws and regulations. The tobacco monopoly administrative department under the State Council will comprehensively consider factors including tobacco control requirements, approved production capacity, market demand, enterprise orders, and legal compliance, and will determine annual production scales by category as the upper limit for annual production and transaction volumes of corresponding product categories. Provincial-level tobacco monopoly administrative departments will organize e-cigarette wholesale enterprises within their respective administrative regions to conduct business activities within the annual domestic sales targets of the respective province (region or municipality). (ta/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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