Intelligent connected vehicle makers have data protection obligations. Southbound trading is launched for Bond Connect between mainland China and Hong Kong. Establishment of insurance branches demands stricter solvency ratio requirements.
Draft E-Commerce Law accords greater protection to IP rights holders. CBIRC sets new requirements for naming of property insurance products. New rules allow for priority registration of medical devices.
SEC begins asking Chinese companies for more VIE-related disclosures; SPC publishes model cases involving labor disputes as "996" crackdown continues; and CAC publishes draft rules for algorithm recommendation services
The official Personal Information Protection Law provides for transfer of data handling.
Important auto data requires a security assessment when transferred overseas. Corporate deregistration is made easier.
National People's Congress passes landmark personal information protection law; SAMR releases draft unfair competition rules for internet industry; and State Council finalizes long-awaited draft on CII operators
State Council promulgates regulations helping define critical information infrastructure. SPC defines business ethics in the context of unfair competition. SAMR prohibits unfair competition acts online.
Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC