For the first time, the Standing Committee produced a unified immigration law, which encourages foreign talent to work in China. Social insurance schemes also became more attractive as international agreements were signed, putting an end to double contributions
The Standing Committee has promulgated the long-awaited Employment Contract Law, which strictly regulates labour dispatch workers. The Committee also promulgated the Securities Investment Fund Law, which now regulates private equity funds
An Interpretation from the Supreme People's Court brought clarity over purchase and sale agreements, while Apple's trademark dispute reinforced that contracts are not always upheld before Chinese courts
All eyes were on the China International Economic and Trade Arbitration Commission (CIETAC) in 2012 as two sub-commissions broke away with the Commission's new Arbitration Rules as one of the contributing reasons for the split
The China Securities and Regulatory Commission (CSRC) rolled out a series of reforms in 2012 that showed that its commitment to opening up the country's capital markets remains strong
The China Securities and Regulatory Commission (CSRC) rolled out a series of reforms in 2012 that showed that its commitment to opening up the country's capital markets remains strong