Law Digest

• PRC Law on the Regulation of the Banking Industry (Revised Draft for Comments)

  中华人民共和国银行业监督管理法 (修订草案征求意见稿)

  Banks may not transfer business data overseas without authorization.

  December 02, 2022

• General Offices of the China Banking and Insurance Regulatory Commission, Ministry of Housing and Urban-Rural Development and People's Bank of China, Circular on the Work Associated with the Issuance by Commercial Banks of Letters of Guarantee in Exchange for Pre-Sale Escrow Funds

  中国银行保险监督管理委员会办公厅、住房和城乡建设部办公厅、中国人民银行办公厅关于商业银行出具保函置换预售监管资金有关工作的通知

  High-quality real estate enterprises are supported by letters of guarantee.

  December 02, 2022

• Secretariat of the National Information Security Standardization Technical Committee, Information Security Technology - Basic Security Requirements for Applications Pre-Installed on Smartphones (Draft for Comments)

  全国信息安全标准化技术委员会秘书处信息安全技术 智能手机预装应用程序基本安全要求 (征求意见稿)

  Pre-installed applications on smartphones need to comply with personal information collection requirements.

  November 29, 2022

• State Council, Official Reply on Consenting to a Temporary Adjustment in the Implementation of Relevant Administrative Regulations in Tianjin, Shanghai, Hainan and Chongqing

  国务院关于同意在天津、上海、海南、重庆暂时调整实施有关行政法规规定的批复

  State Council relaxes foreign investment in outbound tourism and elderly care.

  November 29, 2022

• Secretariat of the National Information Security Standardization Technical Committee, Cybersecurity Standard Practice Guidelines: Specifications for the Security Certification of Cross-Border Personal Information Processing Activities V2.0 (Draft for Comments)

  全国信息安全标准化技术委员会秘书处网络安全标准实践指南—个人信息跨境处理活动安全认证规范V2.0 (征求意见稿)

  New guidelines specify legal liability of personal information processor and the foreign data recipient.

  November 18, 2022

• Ministry of Industry and Information Technology, Circular on the Work Associated with the Launching of a Pilot Project for the Access and On-Road Driving of Intelligent Connected Vehicles (Draft for Comments)

  工业和信息化部关于开展智能网联汽车准入和上路通行试点工作的通知 (征求意见稿)

  The insurance and road safety matters of intelligent connected vehicles are specified

  November 18, 2022

• National Development and Reform Commission and Ministry of Commerce, Catalogue for Encouraging Foreign Investment in Industry (2022 Edition)

  国家发展和改革委员会、商务部鼓励外商投资产业目录 (2022年版)

  The 2022 Encouraged Catalogue encourages foreign investment in the shipping sector

  November 13, 2022

• National Development and Reform Commission, Ministry of Commerce, Ministry of Industry and Information Technology, Ministry of Natural Resources, Ministry of Ecology and Environment and Ministry of Transport, Several Policy Measures to Promote the Expansion of Quantities, Stabilization of Existing Stock and Improvement of Quality by Foreign Investors with a Focus on Manufacturing

  国家发展和改革委员会、商务部、工业和信息化部、自然资源部、生态环境部、交通运输部关于以制造业为重点促进外资扩增量稳存量提质量的若干政策措施

  China will support foreign-invested enterprises to list domestically

  November 13, 2022

• People's Bank of China, Guidelines for Science and Technology Ethics in the Financial Sector

  中国人民银行金融领域科技伦理指引

  CBIRC issues guidelines for protecting personal information when applying fintech

  November 07, 2022

• China Banking and Insurance Regulatory Commission, Decision on Revising Certain Rules and Regulations Pertaining to Administrative Permissions

  中国银行保险监督管理委员会关于修改部分行政许可规章的决定

  CBIRC revises regulations to achieve equal treatment for domestic and foreign bank investment

  October 28, 2022