China Law & Practice

Follow us:


China Law & Practice


CLP_editorial profile

RT @michelleprice36: US SEC sanctions Hong Kong auditing firm Baker Tilley over its failure to spot fraud at China North East Petroleum ht…

Dec 18 2014 07:54 ·  reply ·  retweet ·  favourite
CLP_editorial profile

Avon hit with US$135m fine for FCPA violations in China: and

Dec 18 2014 07:42 ·  reply ·  retweet ·  favourite
CLP_editorial profile

Tencent signs deal with Sony: Are all these deals reducing online piracy?

Dec 17 2014 04:39 ·  reply ·  retweet ·  favourite

Change font size: Switch to default font size Switch to medium font size Switch to large font size

Pharma firms deal with clinical trial complexity

A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays

In the news: Wal-Mart's China failures revealed, more FTZs announced and BAC issues new Arbitration Rules

This week Wal-Mart's crumbling China business was brought to light, three new free trade zones were planned, the Beijing Arbitration Commission issued its 2015 rules and 1,000 companies were publicised for environmental violations

Legislation roundup: Interbank FX market, deposit insurance and cross-border renminbi

SAFE loosened its grip on the interbank foreign exchange market, the State Council issued rules on deposit insurance and the PBOC allowed MNCs to engage in centralised cross-border renminbi operations

CIETAC raises its game

The new CIETAC Arbitration Rules provide for emergency action, clarify the Hong Kong centre's role and expand use of the summary procedure. These changes show CIETAC is keeping up with global standards

Full Text Translations

Guangdong Province, Enterprise Collective Contract Regulations (Revised)
广东省企业集体合同条例 (修订)

Guangdong allows collective wage bargaining.

Measures for the Administration of the Takeover of Listed Companies (Revised in 2014)
上市公司收购管理办法 (2014年修订)

The revision abolishes the requirement for prior CSRC approval of a takeover offer.

PRC Government Procurement Law (Revised in 2014)
中华人民共和国政府采购法 (2014年修订)

Minor changes were made in Articles 19, 71 and 78.

Provisions on Jurisdiction in Cases of the Beijing, Shanghai and Guangzhou Intellectual Property Courts

Jurisdiction of IP courts further clarified.

Tentative Measures for the Regulation of Private Investment Funds

Private fund property shall be invested in investment targets that include the trading of stocks, equity, bonds, futures, options, fund shares and other targets specified in the investment contract.

Search CLP Online / 搜索CLP 网

Advanced Search

Law Digests

China Securities Regulatory Commission, Several Opinions on Reforming, Improving and Strictly Implementing the System for Delisting Listed Companies

CSRC sets out rules for voluntary delisting of listed companies.

China Insurance Regulatory Commission, Tentative Measures for the Regulation of Online Insurance Business (Draft for Comments)
中国保险监督管理委员会互联网保险业务监管暂行办法 (征求意见稿)

China Insurance Regulatory Commission, Circular on Matters Relevant to Strengthening the Administration of Assumption Reinsurance Business of Property Insurance Companies

Property insurance companies required to establish a assumption reinsurance management system.

Shanghai Municipality, Measures for the Administration of Import and Export Inspection and Assessment Firms in the China (Shanghai) Pilot Free Trade Zone

The threshold for establishment of import and export inspection and assessment firms in the Shanghai free zone significantly lowered.

Supreme People’s Court and China Banking Regulatory Commission, Opinions on People’s Courts and Banking Financial Institutions Carrying Out Online Enforcement and Surveillance and Joint Credit Disciplinary Work

Court order to freeze bank assets will be carried out more efficiently via networks.