SAMR issues the first official document on anti-corruption guidance for the healthcare sector. Data centers are required to safeguard the security of the customer’s own training datasets. Regulatory ratings of insurance companies include corporate governance, solvency, liability quality and asset quality.
CNIPA may carry out mediation for IP administrative reconsideration / CLP Reference: 5100/24.12.30 ; Promulgated: 2024-12-30 ; Effective: 2025-02-01
SAMR revises company registration measures to prevent shareholders from maliciously diverting property / CLP Reference: 2330/24.12.20 ; Promulgated: 2024-12-20 ; Effective: 2025-02-10
Jianwei (Jerry) Fang, Chuchen (Julie) Hou and Jiaying (Kate) Jiang of Zhong Lun Law Firm discuss last year’s most significant legislative and judicial developments in civil and commercial dispute resolution in China
Data platforms that look into supply chains benefit from worsening U.S.-China trade relations; China issues first comprehensive guidelines on anti-corruption compliance for the healthcare sector; and complaints have been filed against TikTok, Shein, and AliExpress alleging they are transferring EU personal data to Chinese authorities in violation of GDPR rules.
Global logistics groups relocate Chinese staff overseas to support Chinese supply chains overseas; Chinese miners required to report more critical minerals in overseas reserves to Chinese government; and Banks asked to flag risky trade which includes the trading of cryptocurrencies
SAMR revises company registration measures to prevent shareholders from maliciously diverting property. CNIPA may carry out mediation for IP administrative reconsideration. Foreign expat insurance procedures are revised to align with Convention acceded to by China.
Business operators are prohibited from misusing their data and technology to impede the normal operation of the network product or service offered by another business operator
Supreme People’s Court clarifies the non-retroactive application of the revised Company Law / CLP Reference: 2420/24.12.24 ; Issued: 2024-12-24 ; Effective: 2024-12-24
In 2024, the U.S. continued placing wide-ranging restrictions on Chinese interests. What made that year different was the impact those restrictions have on third countries. Charles Wu of Clyde & Co reviews the legislative changes, and offers practical insights into their potential impact with a focus on third countries, and the path forward in 2025
