China Law News

• Legislation roundup: Foreign Investment Law, foreign banks and import tax

  Supreme People's Court allows flexibility in foreign investment contract disputes, foreign banks are given more specific expanded business requirements and import of technical equipment enjoys tax breaks.

  December 27, 2019

• Legislation roundup: Trademark infringement, spin-offs and mining

  CNIPA clarifies trademark infringements, spin-offs of listed companies have clear guidance and a new law draft puts forward competition in granting of mining rights.

  December 20, 2019

• In the News: Trade War Breakthrough; FIL Implementing Rules Approved; and Cultural Industry Boost

  China, U.S. agree terms of limited phase one trade deal; draft implementing regulations for foreign investment law approved; and draft law published on promoting China's cultural industry

  December 16, 2019

  

• Legislation roundup: Investment capital, QFII and insurance companies

  State Council has lowered the investment capital percentage requirements, the QFII system is streamlined and the entry conditions for foreign insurance companies are relaxed.

  December 13, 2019

• In the News: Consumption Tax Law; Mobile Apps Crackdown; and Constitutional Review Platform

  New consumption tax draft law puts State Council center stage; major mobile apps caught for illegal data collection practices; and NPC launches online platform for submitting constitutional review requests

  December 08, 2019

  

• Legislation roundup: Value-added and consumption taxes, and online rumors

  Law drafts are released on value-added and consumption taxes redefining eligible taxpayers while online audio and video information service providers are required to establish a rumor refutation mechanism.

  December 05, 2019

• In the News: Alibaba Raises $13 Billion; MSCI Issues Reform Demands; and Trump Signs Hong Kong Act

  Alibaba raises $13 billion in Hong Kong secondary listing; MSCI wants more hedging tools and easier settlement cycles before further stock inclusion; Trump signs Hong Kong democracy act in trade war setback

  December 02, 2019

  

• Legislation roundup: Cybersecurity, trust companies and financial disputes

  CAC specifies procedures for reporting of cybersecurity threats, CBIRC lowers the thresholds for foreign investment access to trust companies and a new regime of judicial enforcement of block trade disputes is established.

  November 28, 2019

• In the News: Shortened Negative List; Hometown IPO Preferred; Shanghai-Frankfurt Stock Connect; and Inbound FDI Growth

  China shortens and simplifies market entry negative list; Chinese private firms prefer China over U.S. for IPOs, survey finds; Shanghai-Frankfurt stock connect to be launched; and inbound FDI increases with FTZs enjoying significant growth

  November 25, 2019

  

• Legislation roundup: H shares, futures exchanges and health insurance

  CSRC allows unlisted H shares to be fully traded and aligns regulation of futures exchanges with international standards while CBIRC tightens its oversight on health insurance business.

  November 21, 2019