Recently published new regulations represent a more pragmatic, efficient and comprehensive approach to network data security in China. Casper Sek of Jingtian & Gongcheng takes a closer look
China will implement new cybersecurity rules that include stricter consent requirements and also expand cross-border data exemptions; A Beijing court rules that consent is not required for presenting lawfully collected personal information in court; and China is increasingly exporting its technology, engineering, supply chain, and financing capacity.
Data collected from the use of automated collection technology should be deleted or anonymized. New court interpretation clarifies an employer's tort liability. The scope of the pilot project for equity investment by financial asset investment companies is expanded to 18 municipalities
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.
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
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.
