The Law of People's Republic of China (PRC) on Traditional Chinese Medicine came into effect in July 1 year. This is the first basic law in China that comprehensively and systematically reflects the characteristics and laws of traditional Chinese medicine. The law is clear, the state encourages the development of standardized cultivation and breeding of Chinese herbal medicines, strictly manages the use of agricultural inputs such as pesticides and fertilizers, supports the breeding of improved varieties of Chinese herbal medicines, and improves the quality of Chinese herbal medicines.

The Decision of the NPC Standing Committee on Amending the Civil Procedure Law of People's Republic of China (PRC) and the Administrative Procedure Law of the People's Republic of China 1 July 1 day shall come into force. The new clause makes it clear that the procuratorial organ may bring a civil lawsuit to the court for acts that damage the ecological environment and endanger food safety, and put forward procuratorial suggestions and administrative lawsuits to the administrative organ.

The Regulations on Disability Prevention and Rehabilitation of Disabled Persons came into effect in July 1. The Regulations strengthen support for the prevention and rehabilitation of disabled people, especially for special disabled groups such as disabled children aged 0-6, urban and rural poor disabled people and severely disabled people; Obviously, the government should give financial and material support to institutions engaged in disability prevention and rehabilitation services for the disabled.

According to the Notice of the Ministry of Finance and other three departments on Extending the Pilot Policy of Individual Income Tax for Commercial Health Insurance to the Whole Country, the pilot policy of pre-tax deduction of individual income tax for commercial health insurance will be extended to the whole country from July 1 day, allowing individuals to purchase qualified commercial health insurance products for pre-tax deduction according to the annual maximum limit of 2,400 yuan.

According to the Measures for the Administration of Investor Suitability in Securities and Futures issued by the CSRC, from July 1 day, there will be standards for investor classification, product classification and suitability matching in securities and futures, and investors can purchase products with the same risk tolerance under the guidance. The "Guidelines for the Implementation of Appropriate Management of Investors in Securities Operating Institutions (Trial)" supporting the "Measures" will also be implemented on July 1 day, and brokers need to conduct risk assessment on ordinary investors.