SAFE has further facilitated MNCs' FX fund management, the CAC has enhanced security reviews of online products and the NDRC has promoted AI and new energy vehicles as strategic emerging industries
The CIRC has enhanced scrutiny over insurances companies' investments in shares, the State Council has extended producers' environmental liability and SOEs have been encouraged to engage foreign intermediaries for overseas projects
The NDRC has relaxed foreign-invested project approvals, the MIIT has tightened controls for apps on smart devices and for-profit private schools have been subject to separate administration
President Xi Jinping defended globalization at the World Economic Forum, AmCham China survey results displayed an uncertain bilateral outlook and the central bank inspected leading bitcoin exchanges
AMAC has clarified the record filing process for foreign PE fund managers, the State Council has pledged equal treatment for FIEs and asset managers have been imposed VAT burdens
Cross-border cash transfer reporting thresholds were lowered, GM was penalized for antitrust violations, the CAC expanded the scope of CII and Meizu agreed to pay Qualcomm licensing fees
The PRC Environmental Protection Tax Law has been issued, the CAC has elaborated on the definition of “critical information infrastructure” and the PBOC has revised the reporting threshold for large transactions
The State Council has issued rules to ensure proper record filing implementation, P2P platforms have been required to disclose more information and the Ministry of Culture has tightened scrutiny over online performances
MOFCOM has taken action through the WTO over anti-dumping duties, consumer and industrial output grew in November and Terry Branstad was named an “old friend” of China
