China Legal Trends
Mon, 27 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the Guangzhou Intermediate Court rendered the judgment on the Kangmei Pharmaceutical Co., Ltd. class action case, which marks China’s first securities class action lawsuit, involving more than 50 thousands investors.
Sat, 25 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the Cyberspace Administration of China released the proposed “Network Data Security Management Regulations (Draft for Public Comment)” (网络数据安全管理条例(征求意见稿)), regulating, among others, the cross-border data transfer activities.
Fri, 24 Dec 2021 China Legal Trends CJO Staff Contributors Team
On 15 Nov. 2021, China’s third Stock Exchange, the Beijing Stock Exchange, officially opened for business. During the preparation of its launch, 45 business rules have been issued.
Thu, 23 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the People’s Bank of China issued the proposed “Notice Regarding Matters Concerning the Support for the Development of New Offshore International Trader (Draft for Public Comment)” (关于支持新型离岸国际贸易发展有关问题的通知(征求意见稿)), which shows the positive attitude towards the new offshore international trade.
Wed, 22 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the State Administration for Market Regulation issued the “Guidelines for Enterprises on Overseas Anti-Monopoly Compliance” (企业境外反垄断合规指引), providing guidelines for Chinese enterprises to cooperate with anti-monopoly investigation overseas, respond to overseas anti-monopoly lawsuits, and reduce overseas anti-monopoly compliance risks.
Tue, 21 Dec 2021 China Legal Trends CJO Staff Contributors Team
After a series of evolution, China’s National Anti-Monopoly Bureau was officially established on 18 Nov. 2021.
Mon, 20 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, Beijing Declaration was released on the China Forum on International Legal Cooperation, upholding multilateralism and advocating digital connectivity cooperation.
Fri, 17 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the State Administration for Market Regulation and other seven authorities jointly issued the “Notice of Effectively Controlling Off-Campus Tutoring Advertisements” (关于做好校外培训广告管控的通知) to strengthen control of off-campus tutoring advertisements. This could be seen as a further step of China’s regulation on off-campus tutoring industry.
Fri, 17 Dec 2021 China Legal Trends CJO Staff Contributors Team
In October 2021, the Ministry of Commerce of China issued the “Guidelines on Technology Import and Export (For Enterprises)” (技术进出口工作指引（企业版）) to provide guidance for enterprises engaging in technology trade.
Thu, 16 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, China Banking and Insurance Regulatory Commission issued the “Measures of Implementation for Administrative Licensing and Archival Filing of Insurance Intermediaries” 保险中介行政许可及备案实施办法) to strengthen regulation on administrative licensing and filing of insurance intermediaries.