Beijing & Shanghai Unveil Low-Altitude Economy Plans

Beijing and Shanghai have announced plans to develop the low-altitude economy, aiming to grow the industry to CNY 100 billion and CNY 50 billion respectively by 2027, with a focus on aerial rescue, logistics, and passenger transport.

SPC Releases Typical Antitrust Cases

In September 2024, China's Supreme People's Court (SPC) published eight typical cases on antitrust and unfair competition, highlighting issues like price-fixing, market dominance abuse, and deceptive practices.

How Chinese Courts Assess “Public Policy” in Enforcing Foreign Arbitral Awards?

In 2016, a Chinese local court in Shandong recognized and enforced an arbitral award from the International Cotton Association(ICA) in the case of Olam International, setting a clear standard for assessing public policy under the New York Convention.

China’s Xiamen Int'l Tribunal Releases Consensual Jurisdiction Model Clauses

In 2024, the Xiamen International Commercial Tribunal introduced "Consensual Jurisdiction Model Clauses" to enhance party autonomy in jurisdiction agreements, aiming to position the Tribunal as a preferred venue for resolving international commercial disputes.

SPC Issues Judicial Interpretation on Tort Liability in Civil Code

On September 26, 2024, China's Supreme People's Court (SPC) issued a judicial interpretation clarifying tort liability under the Civil Code, addressing issues like child abduction, dangerous animals, and emotional harm to unify legal standards in these areas.

China Launches Gradual Retirement Reform

China's National People's Congress has approved a gradual increase in the statutory retirement age for men and women, set to begin on January 1, 2025, marking the first adjustment in over 70 years.

SPC Releases 2023 Annual Report on Judicial Review of Commercial Arbitration

In 2023, Chinese courts processed over 16,000 commercial arbitration cases, achieving a 5.11% set-aside rate, a 95.73% support rate for preservation (interim measures) cases, and a 92% recognition and enforcement rate for foreign arbitral awards, highlighting its pro-arbitration approach.