Mobile apps are restricted in collecting personal data

China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen

The State Council has announced six new free trade zones and the penalty for import of a small amount of unauthorized pharmaceuticals may be exempted.

Risk control on investments of securities companies is loosened

CSRC allows funds to participate in short sale of securities

Foreign insurers are encouraged to participate in the country's emerging private pensions sector as the state pension fund is heading towards a $1.6 trillion gap over the next 30 years.

China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year

We now announce shortlists for the 13th annual China Law & Practice Awards.

Shanghai has lowered its capital requirements for regional headquarters, CSRC introduces a side pocket mechanism to prevent unfair fund redemption and Shenzhen FTZ allows foreign investors to invest in domestic equity.