Legislation

• Information and Communications Administration of the Ministry of Industry and Information Technology, Circular on Further Regulating Application Software Pre-Sets in Smart Mobile Terminals (Draft for Comments)

  工业和信息化部信息通信管理局关于进一步规范移动智能终端应用软件预置行为的通告（征求意见稿）

  Pre-set applications on mobile devices should allow uninstallation.

  February 25, 2022

• Announcement on Tax Policies for Pilot Real Estate Investment Trusts (REITs) in the Infrastructure Sector

  关于基础设施领域不动产投资信托基金（REITs）试点税收政策的公告

  Favorable tax policy is offered to REITS

  February 25, 2022

• Ministry of Industry and Information Technology, Measures for the Administration of Data Security in the Industry and Information Technology Sector (Trial Implementation) (Draft for Public Comments)

  工业和信息化部工业和信息化领域数据安全管理办法 (试行) (公开征求意见稿)

  Important and core data are required to be stored in mainland China

  February 21, 2022

• Shanghai Municipality, Compliance Guidelines for Enterprise Data

  上海市企业数据合规指引

  Shanghai issues the first data compliance guidelines

  February 21, 2022

• People's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission, Measures for the Administration of Due Diligence on the Customers of Financial Institutions and Retention of Customer Identity Information and Transaction Records

  中国人民银行、中国银行保险监督管理委员会、中国证券监督管理委员会金融机构客户尽职调查和客户身份资料及交易记录保存管理办法

  Financial institutions are given due diligence instructions on corporate customers

  February 12, 2022

• People's Bank of China, Ministry of Industry and Information Technology, Cyberspace Administration of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, State Administration of Foreign Exchange and China National Intellectual Property Administration, Measures for the Administration of the Online Marketing of Financial Products (Draft for Comments)

  人民银行、工业和信息化部、国家互联网信息办公室、中国银行保险监督管理委员会、中国证券监督管理委员会、国家外汇管理局、国家知识产权局金融产品网络营销管理办法 (征求意见稿)

  Financial institutions shall bear management responsibilities when engaging third-party online marketers for their financial products

  February 12, 2022

• China Securities Regulatory Commission, Tentative Provisions for the Oversight of Major Money Market Funds (Draft for Comments)

  中国证券监督管理委员会重要货币市场基金监管暂行规定 (征求意见稿)

  Extra regulatory requirements imposed on large money market funds

  January 30, 2022

• Cybersecurity Review Measures

  网络安全审查办法

  Overseas listings of data processors will be subject to cybersecurity reviews

  January 30, 2022

• PRC Company Law (Draft Amendments)

  中华人民共和国公司法 (修订草案)

  Company Law draft amendments allow for simple merger procedures

  January 21, 2022

• Cyberspace Administration of China, Provisions for the Administration of Information Services of Mobile Internet Applications (Draft for Comments)

  国家互联网信息办公室移动互联网应用程序信息服务管理规定 (征求意见稿)

  A mobile app distribution platform is required to authenticate the true identity information of app providers

  January 21, 2022