Legislation Roundup: Technology contract registration, and Auto data transfer and pricing compliance

MIIT allows for buyer registration of technology contracts with a parties’ consensus and defines overseas transfer of automotive data. SAMR prohibits below-cost pricing of automobiles.

By Susan Mok

TMT

Ministry of Industry and Information Technology, Measures for the Administration of the Recognition and Registration of Technology Contracts (Revised)

工业和信息化部技术合同认定登记管理办法 (修订)

In principle, the seller registration system shall apply to the recognition and registration of technology contracts, with one-time registration carried out at the place where the registering entity is located.

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