Overseas financial institutions have been permitted to establish foreign-funded banks in Beijing, the PBOC has encouraged interbank bond trading and the Ministry of Transport set experience requirements for highway construction projects
China's efforts to crack down on misleading, fraudulent claims forces an industry rethink as they overturn the effects of years of aggressive marketing. The new law regulates content, target audiences and specific industries like tobacco and healthcare, and will increase compliance costs for consumer-oriented businesses
BankingCircular on Specific Matters Relevant to Duly Carrying out the Collection, Management and Other Matters of Contributions to the Trust Industry Security…
The State Council has unveiled a 10-year manufacturing strategy, the NDRC has further opened up China's capital markets and the rights for toll highway PPP projects have been clarified
The SAIC's new Provisions emphasise the interplay between IP and competition, specifically agreements, restrictive acts, patent pools and standard essential patents. Businesses should learn from the Qualcomm and Huawei v InterDigital cases and be wary of large revenue-based penalties
Yaodong Chen, APAC director of IP for Akzo Nobel, shares with China Law & Practice his thoughts on trade secret protection in China, why inventor remuneration is burdensome for businesses and the importance of building up IP assets