Legal

• National Development and Reform Commission and Ministry of Commerce, Catalogue for Encouraging Foreign Investment in Industry (2022 Edition)

  国家发展和改革委员会、商务部鼓励外商投资产业目录 (2022年版)

  The 2022 Encouraged Catalogue encourages foreign investment in the shipping sector

  November 13, 2022

• National Development and Reform Commission, Ministry of Commerce, Ministry of Industry and Information Technology, Ministry of Natural Resources, Ministry of Ecology and Environment and Ministry of Transport, Several Policy Measures to Promote the Expansion of Quantities, Stabilization of Existing Stock and Improvement of Quality by Foreign Investors with a Focus on Manufacturing

  国家发展和改革委员会、商务部、工业和信息化部、自然资源部、生态环境部、交通运输部关于以制造业为重点促进外资扩增量稳存量提质量的若干政策措施

  China will support foreign-invested enterprises to list domestically

  November 13, 2022

• New Pre-Tax Reduction Policies Supporting Enterprise Innovation

  Daisy Duan and Sara Shi of King & Wood Mallesons review newly introduced regulations supporting pre-tax deductions for enterprise innovation in science and technology in China including recommended action to take advantage of these new tax preferential policies.

  November 11, 2022

  

• In the News: Canada Ejects Three Chinese Companies; CFIUS Enforcement and Penalty Guidelines; and First Metaverse IPO

  Three Chinese companies ordered out of Canada's lithium industry; CFIUS publishes first-ever enforcement and penalty guidelines; and China's metaverse IPO starts in Hong Kong.

  November 09, 2022

  

• Legislation roundup: Encouraged Catalogue, intelligent connected vehicles and private pensions

  The 2022 Encouraged Catalogue encourages foreign investment in the shipping sector. A draft circular sets forth the insurance and road safety matters of intelligent connected vehicles. CSRC specifies the types of public funds that a private pension may invest in.

  November 07, 2022

• People's Bank of China, Guidelines for Science and Technology Ethics in the Financial Sector

  中国人民银行金融领域科技伦理指引

  CBIRC issues guidelines for protecting personal information when applying fintech

  November 07, 2022

• Guidelines on the Application of Regulatory Rules, Legal No. 2: Practice Rules for Law Firms That Engage in the Provision of Legal Services for Initial Public Offering and Listing of Shares

  监管规则适用指引——法律类第2号：律师事务所从事首次公开发行股票并上市法律业务执业细则

  Lawyers need to look into IPO issuers' antitrust approval

  November 07, 2022

• A Brief Guide to Listing Swiss Global Depository Receipts

  Christina Lee, Wang Hang, Dr. Matthias Courvoisier and Daisy Chen of Baker McKenzie and Stella Hu of FenXun Partners highlight the requirements, framework and benefits for listing global depository receipts (GDRs) on the SIX Swiss Exchange and discuss how it differs from the London Connect.

  November 07, 2022

  

• Plaintiffs Firms Face Unexpected Scenario With Chinese Firms Listed in the US

  While U.S. regulators are pushing for more transparency and audit quality of Chinese firms listing on U.S. stock exchanges, some plaintiffs firms still see high risks for investors.

  October 31, 2022

  

• The US Is About to Increase Its Investment Controls. Will China Deal Lawyers Feel More Pain?

  A recent executive order issued by U.S. President Joe Biden heightened the level of scrutiny of inbound deals in certain sensitive industries. And now the U.S. is weighing legislation that calls for a "reverse CFIUS," which will add government scrutiny to outbound transactions.

  October 30, 2022