Legislation roundup: Beijing and Shanghai FDI policies, and shareholding reductions
September 28, 2023 | BY
Susan MokBeijing 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.
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,