Legal & Regulatory

Hainan Announces First QFLP Fund, Insurance to Cover Foreign Anti-Cancer Drugs

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Hainan has serious intentions to develop its medical tourism zone and improve market access for foreign individual, institutional, and domestic investors.

China’s New Mechanism to Handle Complaints by Foreign-Invested Entities

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China’s new reform to strengthen the government’s capacity to address FIE complaints came into effect October 1, 2020.

Trade Secrets’ Protection in China: What is Changing?

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China’s market regulator has released draft provisions on establishing trade secrets’ protection in the country and penalties for infringement.

China’s Civil Code: Implications for E-Commerce Firms

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China’s Civil Code will come into effect January 1, 2021 and contains legal provisions that apply to businesses in the e-commerce segment.

How to Open a Bank Account in China: Stricter Requirements After COVID-19

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We address key concerns related to opening a bank account in China for newly formed companies amid tighter KYC scrutiny after COVID-19 and the travel ban.

How China’s Draft 2020 Encouraged Catalogue Improves Foreign Investor Access

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China’s restrictions on foreign investment will be relaxed in more sectors with the 2020 Encouraged Catalogue. A draft seeking public opinion is out now.

Sustainability Reporting in China: The Rise of CSR and ESG Reporting by Businesses

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Monitoring key performance indicators through sustainability reporting enables firms in China to stay accountable to staff, investors, and shareholders.

Company Chops in China: What Are They and How to Use Them

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China Briefing explains the different types of company chops in China, which are essential for business operations, and the need for strong internal controls to ensure they do not get misused.

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