Data 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, 2020
Legal
The 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, 2020China opens up oil and gas mining
July 03, 2020Hong Kong's status as a global business center looks more uncertain than ever as pressure grows both from Beijing and Washington D.C.
July 03, 2020
