Foreign Direct Investment

China publishes its GDPR law

Beijing Municipality opens up IP-related arbitration to foreign institutions

Meituan fined for abusing dominant position; Draft market access negative list released; and SAFE data shows record high foreign investment into China

GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented

Several major Chinese law firms have set up new offices in Hainan since 2018

SEC to require Chinese issuers clarify VIE structures and whether listing has government backing; SPC issues judicial interpretation with restrictions on commercial applications of facial recognition technology; and MOFCOM unveils separate negative list for cross-border trade in services in Hainan

Entities and individuals may bear legal liability for failure to enforce or cooperate in the implementation of sanction countering measures

Restrictions on establishment of entertainment venues are relaxed for foreign investment

Regulations are revised emphasizing the public welfare attribute of private education