Legislation roundup: Beijing and Shanghai FDI policies, and shareholding reductions

September 28, 2023 | BY

Susan Mok

Beijing promotes free flow of ordinary data for foreign-invested enterprises. Shanghai allows free flow of foreign capital for foreign investors. Shanghai and Shenzhen Stock Exchanges prohibit shareholding reductions.

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FDI

Beijing Municipality, Foreign Investment Regulations (Draft for Comments)

Beijing shall implement systems for the security assessment of cross-border transfers of data by foreign-invested enterprises, certification of personal information protection,