China's merger control authority stepped up its enforcement game last year, penalizing parties that fail to notify deals and issuing quicker clearances
SAFE has further facilitated MNCs' FX fund management, the CAC has enhanced security reviews of online products and the NDRC has promoted AI and new energy vehicles as strategic emerging industries
China's Supreme People's Court clarifies the jurisdiction of PRC courts, tightens standards for suspension orders and defines the scope of independent guarantee fraud
The CIRC has enhanced scrutiny over insurances companies' investments in shares, the State Council has extended producers' environmental liability and SOEs have been encouraged to engage foreign intermediaries for overseas projects