Other Briefings
China Releases New Measures to Further Open-Up its Free Trade Zones
China’s FTZ Opening-Up Measures will further liberalize the business environment in six pilot regions to promote international trade and investment.
China’s Human Genetic Resources Regulation: Key Points for Foreign Stakeholders
Latest changes to China’s human genetic resources regulation seek to make compliance requirements efficient for research and industry applications, but also ensure biosecurity goals.
China’s New Foreign Relations Law: Clarifications & Analysis
China has passed a new foreign relations law that strengthens the government’s legal basis for “countermeasures” against potential threats to its economic security, designed to deal with issues seen against Russia in terms of Western sanctions. The National People’s Congress approved the law on Thursday (June 29).
Hainan Carries Out Pilot Reform for Commercial Franchising
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
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
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
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
In its “Positions” on global digital governance, China reaffirms its stand on sovereignty and responsible technology practices.
