STA offers substantive tax deduction incentives to foreign investors. CAC specifies procedures for extending security assessment approval for cross-border data transfers. Critical information infrastructure operators are required to conduct security assessments before applying commercial cryptography.
Casper Sek of Jingtian & Gongcheng examines new guidance from TC260 which looks likely to become an essential component in companies’ personal information protection toolkits
Chinese manufacturers increase exports to non-U.S. markets; Revisions to the Anti-Unfair Competition Law address challenges to fair competition; China's data centers in Tibet aim to power much of China's AI
Anti-Unfair Competition Law revised prohibiting abuse of dominant positions. First national regulation draft on commercial mediation issued. MOF clarifies accounting treatment of foreign-invested enterprises. SAMR regulates personal information protection and data security of online platforms.