Regulations and Laws in China

Insight

On January 12, 2025, the Guangdong Provincial Government introduced the Measures for High-Quality Development of Capital Markets to Support Guangdong’s Modernization (the “Measures”). These Measures lay out a detailed framework aimed at strengthening Guangdong’s multi-tiered capital markets, boosting tech-driven enterprises, and improving the overall quality of listed companies. The overarching goal is to position Guangdong as leading financial hub and embrace innovation to attract global investment.

07 March 2025

Insight

On January 16, 2025, the General Office of the Shanghai Municipal People’s Government released the Implementation Plan for Promoting the High-Quality Development of Digital Trade and Service Trade in Shanghai (the “Implementation Plan”). This strategic blueprint aims to establish Shanghai as a global hub for digital trade, which includes digital products, and technology-driven trade, as well as service trade, covering sectors such as finance, insurance, logistics, and cultural services. With a strong focus on reform, innovation, and the opening of key sectors, the Implementation Plan sets out a series of priorities and actionable steps to achieve these goals by 2029.

07 March 2025

Insight

On October 19, 2024, the State Council of China issued the Regulation of the People’s Republic of China on the Export Control of Dual-use Items (the “Regulation”), which will take effect on December 1, 2024. The promulgation of the Regulation completes and supplements China’s existing export control and anti-foreign sanctions regime, which comprises of the Export Control Law, the Anti-Foreign Sanctions Law, the Provisions on the Unreliable Entity List, and the Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Legislation and Other Measures.

19 November 2024

Insight

On November 1, 2024, the Ministry of Commerce, the China Securities Regulatory Commission, the State-owned Assets Supervision and Administration Commission of the State Council, the State Taxation Administration, the State Administration for Market Regulation, and the State Administration of Foreign Exchange jointly issued the Measures for the Administration of Strategic Investment in Listed Companies by Foreign Investors (the “New Measures”), which will take effect on December 2, 2024. The New Measures replace the Measures for the Administration of Strategic Investment in Listed Companies by Foreign Investors issued on December 31, 2005 and amended on October 25, 2015 (the “Old Measures”).

19 November 2024

Insight

On May 1, 2024, a meaningful regulatory change in infrastructure and public utilities sectors took effect in China with the promulgation of the “Administrative Measures for the Concession of Infrastructure and Public Utilities” (the Measures) by the National Development and Reform Commission, along with five other departments. The Measures, with key provisions as summarized below, offer enhanced opportunities for investors interested in China’s infrastructure and public utilities sectors.

09 May 2024

Insight

The Ministry of Industry and Information Technology (MIIT) of China has recently introduced the Pilot Scheme for the Further Opening of Value-Added Telecom Services to Foreign Investment (Pilot Scheme). This initiative represents a significant evolution in the regulatory framework governing foreign investment within China’s TMT sector, lifting ownership restrictions for Foreign-Invested Enterprises (FIEs) within designated zones with respect to certain value-added telecom services. As the Pilot Scheme unfolds, stakeholders should stay attuned to evolving regulations and navigate the complexities of telecommunications business classifications. Now, let’s explore the key provisions of this significant legislation.

09 May 2024