Legal

• Circular on the Issues of Accounting Treatment after Implementation of the Company Law and Foreign Investment Law

  关于公司法、外商投资法施行后有关财务处理问题的通知

  MOF clarifies accounting treatment of foreign-invested enterprises / CLP Reference: 3100/25.06.09 ; Issued: 2025-06-09 ; Effective: 2025-06-09

  July 07, 2025

• Navigating China’s Personal Information Protection Audits: Practical Guidance from TC260

  Casper Sek of Jingtian & Gongcheng examines new guidance from TC260 which looks likely to become an essential component in companies’ personal information protection toolkits

  July 07, 2025

  

• In the News: Chinese Exports Diverted to Alternative Markets; Anti-Unfair Competition Law Revised; and Tibet Data Center Powers China's AI

  Chinese manufacturers increase exports to non-U.S. markets; Revisions to the Anti-Unfair Competition Law address challenges to fair competition; China's data centers in Tibet aim to power much of China's AI

  July 03, 2025

  

• Legislation roundup: Anti-Unfair Competition Law revised, Commercial mediation, Accounting treatment of FIEs and Online trading rules

  Anti-Unfair Competition Law revised prohibiting abuse of dominant positions. First national regulation draft on commercial mediation issued. MOF clarifies accounting treatment of foreign-invested enterprises. SAMR regulates personal information protection and data security of online platforms.

  June 30, 2025

• State Administration for Market Regulation, Provisions for the Prohibition of Monopoly Agreements (Amendment Draft for Comments)

  国家市场监督管理总局禁止垄断协议规定 (修订草案征求意见稿)

  SAMR issues rules to implement the safe harbor system concerning monopoly agreements / Issued: 2025-06-03

  June 30, 2025

• Shanghai Stock Exchange, Rules for the Review of Material Asset Restructurings of Listed Companies (as Revised in May 2025)

  上海证券交易所上市公司重大资产重组审核规则（2025年5月修订）

  Shanghai Stock Exchange sets forth simplified review procedures for offering shares to purchase assets / CLP Reference: 3700/25.05.16 / Issued: 2025-05-16

  June 30, 2025

• China Securities Regulatory Commission, Measures for the Administration of Material Asset Restructurings of Listed Companies

  中国证券监督管理委员会上市公司重大资产重组管理办法

  CSRC allows for simplified review procedures for offering shares to purchase assets / CLP Reference: 3700/25.05.16 ; Promulgated: 2025-05-16 ; Effective: 2025-05-16

  June 30, 2025

• China’s Unprecedented Judicial Recognition of AI Model Structures and Parameters as Protectable Competitive Interests

  The intersection between intellectual property and artificial intelligence raises challenging and significant legal issues. Danlei Wu of Fangda Partners examines China’s first case relating to the structure and parameters of an AI model

  June 30, 2025

  

• In the News: US Takes Steps to Tighten Listing Rules; Outbound Investment Cap Lifted; and EU Restricts Market Access for Chinese Medical Device Manufacturers

  U.S. to tighten disclosure obligations of foreign listed companies, targeting China; China to allow local investors to invest more in overseas assets under QDII; and EU issues measures to restrict Chinese medical device manufacturers from accessing public procurement contracts

  June 26, 2025

  

• Legislation roundup: Monopoly agreements, Material asset restructurings and Trust companies

  SAMR issues rules to implement the safe harbor system concerning monopoly agreements. CSRC allows for simplified review procedures for offering shares to purchase assets. Trust companies are exempted from setting up supervisory boards.

  June 20, 2025