Legal

• Measures for the Progressive Deferment of the Statutory Retirement Age

  关于渐进式延迟法定退休年龄的办法

  China gradually defers the statutory retirement age in 15 years.

  October 07, 2024

• What Should Foreign-Invested Enterprises Do As the Five-Year Transition Period Deadline Approaches?

  According to the Foreign Investment Law, the Five-Year Transition Period Deadline for FIEs to complete their adjustments pursuant to the law is approaching. Jianwei (Jerry) Fang, Qianwen (Emily) Gu and Chen (Cissy) Chen of Zhong Lun Law Firm analyze the specific requirements of the law and provide practical guidance for FIEs to identify and carry out relevant adjustments.

  October 01, 2024

  

• In the News: Bayer Leads Way on Beijing FTZ Data Transfer; Recent Chinese IPO Filings; and China Simplifies Environmental Approval Procedures

  Bayer successfully files for the first cross-border data transfer in Beijing Free Trade Zone; Yuanbao plans to list on Nasdaq after some Chinese IPO successes, but setbacks also exist; and China's environmental regulator merges approval procedures to encourage private business

  September 26, 2024

  

• Legislation roundup: Sensitive personal data, retirement age and AI labeling

  Guidelines are set forth for identifying sensitive personal information. China gradually raises retirement age in 15 years. AI generated content is required to be identified by labeling.

  September 23, 2024

• Secretariat of the National Technical Committee 260 on Cybersecurity of Standardization Administration of China, Cybersecurity Technology - Cybersecurity - Part 7: Guidelines for Network Virtualization Security (Draft for Comments)

  全国网络安全标准化技术委员会秘书处网络安全技术 网络安全 第7部分：网络虚拟化安全(征求意见稿)

  Network virtualization needs to provide data encryption protection and satisfy security requirements.

  September 23, 2024

• Secretariat of the National Technical Committee 260 on Cybersecurity of Standardization Administration of China, Data Security Technology — Data Interface Security Risk Monitoring Methods (Draft for Comments)

  全国网络安全标准化技术委员会秘书处数据安全技术 数据接口安全风险监测方法 (征求意见稿)

  Guidelines are provided for the methods of monitoring data interface security risks.

  September 23, 2024

• Landmark Court Ruling Adds Clarity to China's Personal Data Export Regime

  Casper Sek and Alan Zhang of Jingtian & Gongcheng analyze the first court judgment on cross-border data transfer, which answers practical questions relating to the operation of the Personal Information Protection Law in the context of a hotel booking app, and prompts companies to review their privacy policies

  September 20, 2024

  

• In the News: Texas Law Conflicts With CFIUS Ruling; China Delays Retirement Age; and AI Content Labeling

  Chinese company sues Texas power operator for blocking investment approved by CFIUS; China delays retirement age to relieve pressure on pensions; and China proposes identification and labeling requirements for AI-generated content

  September 18, 2024

  

• Legislation roundup: Beijing data transfer, network virtualization and online advertisements

  Beijing FTZ publishes a negative list for cross-border data transfer in the medical, retail and AI sectors. Network virtualization needs to provide data encryption protection and satisfy security requirements. Online advertisements should be identifiable as such and not mislead consumers.

  September 13, 2024

• Interpretation on Several Issues Concerning the Application of the Law in the Handling of Criminal Money Laundering Cases

  关于办理洗钱刑事案件适用法律若干问题的解释

  SPC sets forth criteria for serious money laundering cases / CLP reference:1430/24.08.19 ; promulgated: 2024-08-19 ; effective: 2024-08-20

  September 13, 2024