MOFCOM will release a shortened negative list for foreign investment in the first half; SAFE requires local registration for cross-border online transactions; and shareholders can sue to prevent harmful transactions.
People's court allows share transfer to resolve shareholder disputes, government officials may not require technology transfers in granting administrative permissions and technical investigators may be assigned in IP litigation cases.
The CSRC has agreed its first administrative settlement with Goldman Sachs and Gao Hua Securities; seven themed funds were approved for Shanghai's new Sci-Tech Board; and the National People's Congress is reviewing measures to tighten up the production and sale of drugs.
Trademark Law is revised adding bad faith registration provisions, the scope of trade secret infringement is broadened and Chinese law firms are required to carry out record filing for overseas expansion.
