Foreign banks' local branches can apply for fund custody licenses, fulfilling trade deal pledge; China's securities watchdog names and shames illegal margin lenders as fears grow of 2015 market rout repeat; and State Council announces sixth batch of FTZ reform measures to be rolled out nationwide
Legal
- July 13, 2020
China's heightened scrutiny of supply chain security for critical infrastructure threatens foreign network suppliers' sales
July 10, 2020Data Security Law draft governs China-related data activities outside China, Patent Law draft clarifies on open licensing and private investment is encouraged in new areas including hi-tech businesses.
July 10, 2020The period for reduction of social insurance payments of enterprises is extended
July 10, 2020The national Negative List is downsized from 40 to 33 items.
July 10, 2020The FTZ Negative List is downsized from 37 to 30 items.
July 10, 2020China's biggest piece of legislation establishes new legal principles and provides greater protections for personal information, personality rights and more
July 09, 2020Hong Kong national security law comes into effect with U.S. sanctions imminent; China launches wealth management connect scheme with Hong Kong, Macao; and NPC publishes draft Data Security Law tightening data protection rules
July 06, 2020Foreign investors are allowed controlling shareholding in securities companies, futures companies and life insurance companies according to the 2020 national and FTZ negative lists. Insurance companies are required to keep records of online insurance transactions.
July 03, 2020State Council, Decision on Authorizing and Delegating the Examination and Approval Authority of Land
State Council delegates the land conversion approval authority to local governments
July 03, 2020



