Eleven pilot cities will carry out centralized procurement of pharmaceuticals, Shanghai sets up a mechanism for model securities dispute judgments and Zhuhai allows foreign PE firms to raise funds in China
FDI into China rose 3% in 2018 following strong December numbers; SAFE doubles QFII quota amidst market opening up; and first IP Court launches in Northeast China.
A unified market access negative list is published for both foreign and domestic investment, patent infringement penalties will be increased and the auto purchase tax rate remains the same
Foreign investment includes direct and indirect foreign investment activities, an IP tribunal is set up to hear complex IP cases and financial information providers are put under cybersecurity scrutiny
NDRC relaxes approval procedures for auto manufacturers, prompt IP preservation measures may be taken in urgent circumstances and private kindergartens are not allowed to be listed
China's U.S. Treasury bonds holdings drop for fifth month; home prices in first-tier cities decrease for the third consecutive month; and regulators see stable general and core solvency ratios for the insurance sector.
AMAC prohibits business conflicts in PE funds, five arbitration institutions are included in the “one-stop” resolution mechanism for Belt and Road disputes and online public opinion platforms are subjected to security assessments
Hangzhou Internet Court implements blockchain technology to protect copyright on online literary works; China's artificial intelligence industry is expected to top global peers by 2030; and a Chinese court grants Qualcomm injunctions against iPhone sales.