Legal

China grants full debt underwriting licenses to two foreign banks; U.S. imposes anti-dumping duties on Chinese structural steel imports; and China issues first white paper on nuclear safety as talks wind down with France on fuel reprocessing project

Wilson Wei Huo, a partner of Zhong Lun Law Firm, explores the application of the "One Country, Two Systems" policy in the context of court-ordered interim measures in aid of arbitral proceedings.

Collective land may directly enter the market for commercial land use purposes, registration procedures for foreign-invested for-profit non-curricular language training institutions are clarified and parallel import of automobiles is further relaxed.

Beijing has announced its plan for wide-ranging legal, financial, and social reforms to be implemented in Shenzhen to make it an example for other Chinese cities

The asset and liability management of insurance companies is under more stringent scrutiny

Mobile apps are restricted in collecting personal data

China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen

The State Council has announced six new free trade zones and the penalty for import of a small amount of unauthorized pharmaceuticals may be exempted.

Risk control on investments of securities companies is loosened