State Council, Regulations for Optimizing the Business Environment

国务院优化营商环境条例

December 05, 2019 | BY

Susan Mok

China will set up a punitive damages system for intellectual property infringements

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Promulgated: October 22, 2019

Effective: January 1, 2020

Main contents: The state will continuously intensify simplified policy procedures and power delegation, minimize direct government allocation of market resources, minimize direct government interference of market activities, and strengthen and regulate during-the-event and post-event oversight (Article 3).

The state will continuously relax market access and implement a unified national negative list system for market access. All types