China Legal Trends
Thu, 24 Feb 2022 China Legal Trends CJO Staff Contributors Team
In January 2022, the People’s Bank of China and the China Banking and Insurance Regulatory Commission jointly issued the “Measures on the Management of the Acceptance, Discount and Rediscount of Commercial Draft (Draft for Public Comment)” (商业汇票承兑、贴现与再贴现管理办法(征求意见稿)).
Wed, 23 Feb 2022 China Legal Trends CJO Staff Contributors Team
In December 2021, China’s Supreme People’s Court issued the “Several Provisions on the Trial of Cases of Civil Damages for False Statement Infringement in the Securities Market” (关于审理证券市场虚假陈述侵权民事赔偿案件的若干规定), laying out the rules on, among others, the determination of false statement and liability.
Tue, 22 Feb 2022 China Legal Trends CJO Staff Contributors Team
In January 2021, China Banking and Insurance Regulatory Commission issued the “Administrative Measures for Project Companies of Financial Leasing Companies” (金融租赁公司项目公司管理办法) to regulate the financial leasing business of project companies of financial leasing companies.
Mon, 21 Feb 2022 China Legal Trends CJO Staff Contributors Team
In December 2021, Shenzhen Official Receiver’s Office (ORO) issued the “Shenzhen’s Interim Measures for the Registration and Disclosure of Personal Bankruptcy Information” (深圳市个人破产信息登记与公开暂行办法).
Tue, 15 Feb 2022 China Legal Trends CJO Staff Contributors Team
In January 2022, the Supreme People’s Court issued the “Interpretation on the Application of Punitive Damages in Cases Involving Eco-environmental Infringement Disputes” (最高人民法院关于审理生态环境侵权纠纷案件适用惩罚性赔偿的解释), setting out rules on punitive damages in eco-environmental tort disputes.
Tue, 15 Feb 2022 China Legal Trends CJO Staff Contributors Team
In January 2022, China’s first county-level one-stop dispute resolution platform for international commercial disputes was set up based on the “Cooperation Agreement on One-stop Dispute Resolution through Litigation, Arbitration and Mediation” (关于诉讼、仲裁与调解一站式纠纷解决的合作协议) in Yiwu.
Tue, 15 Feb 2022 China Legal Trends CJO Staff Contributors Team
In January 2021, the General Office of the State Council issued the “Opinions on Further Stabilizing Foreign Trade by Adopting Cross-Cyclical Adjustment Measures” (关于做好跨周期调节进一步稳外贸的意见), laying out 15 measures to further open up and take cross-cyclical adjustments in 2022.
Tue, 15 Feb 2022 China Legal Trends CJO Staff Contributors Team
In December 2021, China’s State Council issued the “14th Five-Year Plan for Digital Economy Development” (“十四五”数字经济发展规划), which clarifies the goal for China’s digital economy in 2025.
Tue, 15 Feb 2022 China Legal Trends CJO Staff Contributors Team
In December 2021, China’s Ministry of Commerce and General Administration of Customs jointly issued the “Catalogue of Dual-Use Items and Technologies Subject to Import and Export License Administration” (两用物项和技术进出口许可证管理目录), which lists the dual-use items and technologies that shall apply for a license when imported, exported or transported.
Mon, 14 Feb 2022 China Legal Trends CJO Staff Contributors Team
In December 2021, China’s Ministry of Commerce and the General Administration of Customs jointly issued the “Catalogue of Goods Subject to Export License Administration (2022)” (出口许可证管理货物目录(2022年)).