Legislation

• China Securities Regulatory Commission, Circular on Work Associated with Further Promoting the Normalized Offering of Real Estate Investment Trusts (REITs) in the Infrastructure Sector

  中国证券监督管理委员会关于进一步推进基础设施领域不动产投资信托基金（REITs）常态化发行相关工作的通知

  Consumer infrastructure is included in offering of REITs

  May 12, 2023

• Measures for the Standard Contract for Overseas Transfer of Personal Information [Standard Contract attached]

  个人信息出境标准合同办法

  CAC finalizes rules on standard contracts for overseas transfer of data / CLP reference: 5600/23.02.22 ; Promulgated: 2023-02-22 ; Effective: 2023-06-01

  May 12, 2023

• General Office of the Cyberspace Administration of China, Measures for the Administration of Generative Artificial Intelligence Services (Draft for Comments)

  国家互联网信息办公室生成式人工智能服务管理办法 (征求意见稿）

  A provider shall be liable for the lawfulness of the provenance of the pre-training data and training optimization data for its generative artificial intelligence product

  May 05, 2023

• General Office of the State Council, Opinions on the Reform of the Independent Director System of Listed Companies

  国务院办公厅关于上市公司独立董事制度改革的意见

  State Council issues opinions strengthening the independence of listed companies' independent directors

  May 05, 2023

• Department of Science and Technology Supervision and Integrity of the Ministry of Science and Technology, Measures for Science and Technology Ethics Reviews (Trial Implementation) (Draft for Comments)

  科学技术部科技监督与诚信建设司科技伦理审查办法 (试行) (征求意见稿)

  Ethics reviews are required for science and technology activities.

  April 24, 2023

• Provisions for the Clear Marking of Prices and the Prohibition of Price Fraud

  明码标价和禁止价格欺诈规定

  Business operators should clearly mark prices and the pricing units/methods.

  April 24, 2023

• Supreme People's Court, Interpretation on the Application of the Tort Liability Book of the «PRC Civil Code» (1) (Draft for Comments)

  最高人民法院关于适用＜中华人民共和国民法典＞侵权责任编的解释（一）(征求意见稿)

  Disputes over employer liability explained

  April 17, 2023

• China National Intellectual Property Administration, Measures for Online Oral Hearings of Administrative Decision Cases of the China National Intellectual Property Administration

  国家知识产权局国家知识产权局行政裁决案件线上口头审理办法

  The China National Intellectual Property Administration allows online oral hearings of its administrative decision cases

  April 17, 2023

• China Banking and Insurance Regulatory Commission and People's Bank of China, Measures for the Administration of the Capital of Commercial Banks (Draft for Comments)

  中国银行保险监督管理委员会、中国人民银行商业银行资本管理办法 (征求意见稿)

  Banks are categorized for capital management

  April 11, 2023

• National Development and Reform Commission and Other Departments, Circular on Improving the System for the Provision of Security for Transactions Involving the Invitation and Submission of Bids to Lower the Transaction Costs for Invitation and Submission of Bids

  国家发展和改革委员会等部门关于完善招标投标交易担保制度进一步降低招标投标交易成本的通知

  NDRC eases costs for project bidding

  April 11, 2023