The Shanghai FTZ has eased FX conversions for personal accounts, lower entry requirements for the interbank bond market have been set for non-financial institutions and the SPC has equally recognized both domestic and foreign independent guarantees
The State Council has promoted replicating FTZ reforms on a national scale, filmmaking approval requirements have been relaxed and the MOF and SAT have allowed banks to deduct deposit insurance premiums before tax
Chinese President Xi and U.S. president-elect Trump spoke of strengthening ties, PRC steelmakers were leveled EU tariffs, major cities said only local residents can drive for car-hailing apps and the Shenzhen-Hong Kong Stock Connect was discussed
All personal and 'important' information, network crimes and cyberattacks are caught in the new law's crosshairs. 新出台的《网络安全法》拓宽范围并限制外流,所有个人和“重要”信息、网络犯罪和网络攻击都涵盖在新法的适用范围内。
The NPC-approved PRC Cybersecurity Law guards against foreign hackers, the CAC has regulated livestreaming services and the SPC has lowered the cost for property preservation
The NPC approved the PRC Cybersecurity Law, U.S.-China trade negotiations involved allowing wholly foreign-owned investment banks on the mainland and the new film law targeted ticket sales fraud