2023 Annual Review of Dispute Resolution in China
February 14, 2024 | BY
Susan MokChunhui Harry Fang, Xinyu Li, Xiaoxiao Gao and Daji Duan of Jingtian & Gongcheng Law Firm discuss the year's major legislative and judicial developments in 2023 with respect to civil and commercial dispute resolution in China
Summary
- Significant amendments to the Company Law including the adoption of a five-year paid in capital contribution and the adoption of foreign-related provisions in Civil Procedure Law
- Amendment of Patent Law Implementation Regulations including adaptation to artificial intelligence development
- Four anti-trust regulations issued by SAMR and a groundbreaking judicial decision
- Pioneering changes to Arbitration Rules of CIETAC to improve flexibility, efficiency and be more cost-saving for arbitrating parties