Yum China has had an eventful year, navigating the impact of the pandemic on its many restaurants and staff in China, as well as a groundbreaking secondary listing in Hong Kong
China failing to protect U.S. companies' IP according to USTR report; French banking giant BNP Paribas applies for securities business; and PRC Futures Law submitted to NPCSC for first reading
Operators of critical information infrastructure bear heightened counter-espionage security obligations. Live streaming marketing platforms are required to protect consumer rights and personal data privacy. MIIT issues the first draft guidelines for intelligent connected vehicles.
Benjamin Wang, Ruby Yang and Scarlett Chen of Guantao Law Firm highlight the newly introduced Measures for the Oversight of Online Trading and discuss how they address current issues arising from online trading, improve existing legislation, and how they respond to customer concerns and protect consumers' rights and information
Guangzhou Futures Exchange opens, offering hedging tools for imminent nationwide carbon trading market; PBOC removes eligibility of fossil fuel projects for green bond financing; and State Council approves services opening-up in four regions and cities
Foreign producers of specific foodstuffs require recommendations by their relevant government department. The scope of jurisdiction of the Shanghai Financial Court is expanded to included foreign-related cases. Financial technology enterprises are restricted to list on the STAR Market
Chinese investors should prepare information about their operations and other investments in order to convince both sellers and regulators of their reliability