New comprehensive reform plan for Shenzhen targeting fintech and financial sectors; new development plan for new energy vehicles promotes fast-charging stations and public service integration; and new State Council opinions proposes measures to improve quality of listed companies
CBIRC specifies requirements of the countercyclical capital buffer mechanism and removes the record filing requirement regarding the investment management capabilities of insurance companies. Securities companies are required to internally monitor insider information management.
State Council eases investment procedures for telecommunications services, oil products and QFIIs
SPC clarifies the submission of new evidence in patent cases
Foreign-related awards are not necessarily more enforceable than foreign awards
FTSE Russell to become third major index provider to include China bonds; Luckin Coffee slapped with massive fine by SAMR; and Segway maker Ninebot to become first VIE entity to list in mainland
QFIIs and RQFIIs are allowed to invest in private funds and derivatives, State Council eases investment procedures for telecommunications services, oil products and QFIIs, and CBIRC governs investment of insurance capital in debt-for-equity plans by grade
Permit requirements for unmanned civil aircraft are specified
A long-term stable trading relationship solely is not sufficient to constitute a trade secret
The role of the general counsel is more important than ever as companies face wave after wave of uncertainty due to the pandemic
