Business financing is supported by allowing New Third Board companies to transfer and list on other boards, as well as allowing securities companies to publicly offer subordinated debt. Commercial cryptography products require certification.
U.S. to strip Hong Kong of special trade privileges; China adopts its first-ever civil code; and more entry exemptions on the horizon for select countries
China's first Civil Code protects personal information, CBIRC relaxes insurance capital investment in bank capital replenishment bonds and the central pricing catalogue is downsized again.