Technology Media and Telecom

• A Data Compliance Reference Manual from the Supervisory Authority

  A new set of Measures have been published by the People's Bank of China. In this article, Zhou Yang of Jingtian & Gongcheng examines the provisions and reveal how they will impact and assist data handlers in the financial sector

  August 09, 2023

  

• Tentative Measures for the Administration of Generative Artificial Intelligence Services

  生成式人工智能服务管理暂行办法

  AI service providers are required to protect users' personal information

  August 04, 2023

• In the News: Less IPO Risk Disclosures; Drone Export Controls; and Foreign Listings by Bubble Tea Makers

  China's securities watchdog instruct lawyers to tone down China-related risk disclosures in prospectuses; new rules restrict export of drones and related technologies; and bubble tea companies seek foreign listings amidst growing regulatory scrutiny

  August 03, 2023

  

• Ministry of Science and Technology, Guidelines for Services Relating to Administrative Permission Matters in International Scientific Research Cooperation Involving Chinese Human Genetic Resources

  科学技术部中国人类遗传资源国际科学研究合作行政许可事项服务指南

  More requirements are specified for agreements on international human genetic resources cooperation.

  July 25, 2023

• In the News: US Outbound Investment Tracker; Data Decoupling; and Foreign Pharmaceuticals in China

  U.S. senators propose amendment to defense bill requiring the tracking of U.S. investments in China; Foreign firms are accelerating their push to decouple their data in China from the rest of the world; and China's commerce minister pledges to open up more opportunities to foreign pharmaceutical firms in a roundtable meeting

  July 19, 2023

  

• In the News: Screenshots on Social Media Catch the Eye of the CSRC; Management Fees of Mutual Funds Decrease; and Record Number of Delistings

  The CSRC targets screenshots of texts in Chinese social media containing speculative news affecting share prices; Management fees of mutual funds are decreased to encourage investment activity; and Delistings are reaching record levels as Chinese listing rules tighten.

  July 12, 2023

  

• In-House Insights: Impact of US Sanctions and Tech Controls

  Edward Tung, legal counsel for Hong Kong-based venture capital firm ORI Capital, discusses his firm's response to U.S. sanctions on Chinese companies, U.S. restrictions targeting foreign companies, artificial intelligence laws in China, and new ESG guidelines.

  July 10, 2023

  

• In the News: Overseas Listings Challenges; First Standard Contract Filing; and China Free Trade Zones

  No Chinese companies have successfully listed overseas due to tight scrutiny from domestic regulators; A Beijing company succeeds in making a SCC filing for the cross-border transfer of data; and China announces measures to open up free trade zones in order to lure back foreign investors.

  July 06, 2023

  

• Guidelines for the Record Filing of Standard Contracts for the Overseas Transfer of Personal Information (First Edition)

  个人信息出境标准合同备案指南（第一版）

  CAC sets forth guidelines for filing of standard contracts of overseas data transfers.

  July 04, 2023

• The Benefits and Challenges of the Guideline for Filing of the Standard Contract

  In the light of important new guidelines to be followed when filing the standard overseas personal information transfer contract, Casper Sek of Jingtian & Gongcheng analyses the key learning points and looks at how companies may apply this in practice

  July 03, 2023