US companies concerned about tightening cybersecurity rules amid enforcement uncertainty; China to rollout first ever nationwide private pension system; Futures Law adopted as derivatives market set to expand
China passes its first law to manage its derivatives market. Foreign telecom investors are given more flexibility in terms of investment percentage and application procedures. Banking and insurance institutions are encouraged to provide financial support for low-carbon highway projects
As China implements a new food security strategy, Beilei Hou, Zi Ling and Ruiqiang He of King & Wood Mallesons examine the resulting challenges as well as the potential opportunities for China's PV industry
Industry associations ban NFT use for issuing financial assets; Shanghai government paves way for potential resumption of production activity under closed-loop management; and livestreaming video games banned for certain platforms
Draft law to boost protection against systemic risks; SPC amends rules on summary procedures, service of litigation documents, small claims, and judicial confirmation; Policymakers aim to knock down localism and unify market standards