This week the copyright agency removed 2.2 million unlicensed songs from the internet, the NPC included a property tax law in its legislation plan and the market bet on Gome attracting a partner after its rival Suning tied up with Alibaba

Issued: July 21 2015Main contents: The term of operation for a highway concession may not exceed 30 years. However, for highways with large investments…

MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel

MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel

This week the SPC has increased the liability of P2P online lending platforms in loan cases, private capital has been encouraged in railway construction projects and a maximum 30 years has been set for highway operation

Interbank market further opened to foreign institutional investors

This week the government required major internet companies to set up security offices staffed by police, the migration of Chinese manufacturers to the US was discussed and the national anti-corruption drive yielded substantial results

China's draft Cybersecurity Law, which restricts cross-border data transmissions and requires the setting up of servers in the country, has prompted foreign companies to assess risks regarding delay, disclosure and costs

The China Insurance Investment Fund has been established, shipping WFOEs will be approved by the local commerce regulators and the FTZs have opened the culture and entertainment sector to foreign investment