Businesses in China should note the laws and regulations coming into effect July 1, impacting administrative fees, IP registration, and taxes, among others.
Shanghai is making garbage sorting mandatory and will restrict the use of disposable items in the hospitality and e-commerce industries.
China has unveiled a two-year stimulus plan to boost the purchase of auto vehicles, home appliances, and consumer electronic goods.
China’s top banking and insurance regulator, CBIRC, recently announced 12 new measures to further open up the country’s financial sector.
China recently announced a new pilot program that will cut certification requirements for a range of business activities.
China has delayed the implementation of cross-border data transfer rules that were set to go into force at the end of 2018 as part of the country’s Cybersecurity Law.
Companies in Beijing and Shanghai will no longer require a permit from the People’s Bank of China for opening a basic and temporary corporate bank account in China.
Revisions to the Trademark Law, Anti-Unfair Competition Law, and Administrative Licensing Law will strengthen intellectual property safeguards for businesses in China.