Projects Energy and Environment

State Council has lowered the investment capital percentage requirements

China sees businesses and workers return to work as epidemic situation improves; Beijing announces quarantine for inbound travelers as worry over imported cases grows; and AmCham China reports pessimism among members over worsening bilateral relations

U.S. tightens supervision over AI software exports with China in mind; JPMorgan Chase applies for majority stake in Chinese futures business; and China opens up oil and gas industry to foreign players

Competition put forward in granting of mining rights

Non-investment type FIEs are allowed to use their investment capital in equity investment

Alibaba set for secondary listing in Hong Kong; China lifts four-year U.S. poultry ban; Australia approves Mengniu takeover of infant formula maker; and Jingye Group rescues British Steel from the brink

Responsibilities are clearly defined for different parties in construction surveying

Heilongjiang FTZ builds ties with Russia

China grants full debt underwriting licenses to two foreign banks; U.S. imposes anti-dumping duties on Chinese structural steel imports; and China issues first white paper on nuclear safety as talks wind down with France on fuel reprocessing project

Amidst growing trade friction with the U.S., Scott Yu and Derek Liu of Zhong Lun Law Firm note some particular highlights for foreign investors in the latest iteration of China’s Negative Lists and Encouraged Investment Catalogue.