Legislation roundup: Strategic investment, production of imported medical devices and contingency plan for data security incidents
A foreign investor is allowed to subscribe for new shares of a listed company as a placement target determined by means of competitive bidding. NMPA clarifies the qualifications of a foreign-invested enterprise that may produce imported medical devices in China. Large data security incidents are required to be reported to the local industry regulator.
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Capital Markets
China Securities Regulatory Commission, State-Owned Assets Supervision and Administration Commission of the State Council, State Taxation Administration, State Administration for Market Regulation and State Administration of Foreign Exchange,