Legal & Regulatory

Hainan Carries Out Pilot Reform for Commercial Franchising

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Hainan has launched a Commercial Franchise Reform Pilot Work Plan, providing several actions to promote the franchise industry within and beyond the province island

China Further Expands Currency Conversion Program for MNCs

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China’s cash pooling pilot program has expanded to give MNCs more freedom in currency conversion and cross-border use of funds. It will reduce currency exchange risks and financial costs and helps advance the internationalization of the RMB.

China’s Social Credit System: Scope of Information Collection and Punishments for Untrustworthy Entities

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Rules for the implementation of China’s social credit system are becoming clearer and businesses need to prepare for strict legal and regulatory compliance.

Updates to China’s Social Credit System: Violations and Restoring Bad Credit

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The government released new documents on China’s social credit system for companies, clarifying types of violations and ways to restore bad social credit.

China’s Position on Global Digital Governance

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In its “Positions” on global digital governance, China reaffirms its stand on sovereignty and responsible technology practices.

Understanding China’s New Regulations on Generative AI

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China is seeking to regulate generative AI alongside substantial policy support to foster an enabling environment for AI sector innovation.

Hainan FTP Allows Qualified Foreign Universities to Run Independently in the Province

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Foreign universities will have the opportunity to run independently in the Hainan FTP.

Ethical Review of Science and Technology in China: Draft Trial Measures

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We discuss China’s ongoing efforts to strengthen its oversight of ethical reviews in science and technology by examining the Draft Trial Measures for Ethical Review of Science and Technology.

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