Foreign Direct Investment

A new foreign investment reporting system is established

Implementing Rules bring about new corporate structures

U.S. tightens supervision over AI software exports with China in mind; JPMorgan Chase applies for majority stake in Chinese futures business; and China opens up oil and gas industry to foreign players

Entry conditions for foreign insurance companies are relaxed

Supreme People's Court allows flexibility in foreign investment contract disputes

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

China will set up a punitive damages system for intellectual property infringements

Non-investment type FIEs are allowed to use their investment capital in equity investment

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