SAMR proposes to raise the thresholds for concentration filings and defines the relevant product market for antitrust involving IP. The use of artificial intelligence to generate prescriptions is strictly prohibited.
Guo Yongmao and Zhang Tianyang of Haiwen & Partners highlight 2022 tax policies that support businesses, which have been impacted by the COVID-19 pandemic situation
SAMR issues 28 administrative penalties for failing to disclose M&A deals; CAC clarifies details about data export security assessment; banks and insurance companies to support advanced manufacturing
While China's first-ever NFT court ruling added stricter burdens to marketplaces and led to some NFT bans, many think it is setting the stage for the growth of the digital asset market in the country.
CAC defines overseas transfer of data. SAMR specifies exceptions of monopoly agreements and prohibits platform operators from abusing their dominant market positions.