Fri, 19 Nov 2021 Insights Meng Yu 余萌

The Supreme People’s Court published the Annual Report on Judicial Review of Commercial Arbitration (2019). The first of its kind, the Report documents Chinese courts’ pro-arbitration stance and decisions.

Mon, 08 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, China issued the “Outlines for Building a Powerful Country with Intellectual Property Rights (2021-2035)” (知識產權強國建設綱要(2021－2035年)), which aims to improve the creation, application, protection, management and services for intellectual property rights.

Mon, 08 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, China Banking and Insurance Regulatory Commission (CBIRC) released the “Circular of the General Office of the China Banking and Insurance Regulatory Commission on Matters Relating to the Filing of Asset-backed Plans and Insurance Private Equity Funds” (中國銀保監會辦公廳關于資產支持計劃和保險私募基金登記有關事項的通知), which loosens the supervision of Insurance Asset-backed Schemes and Private Equity Funds from registration to filing.

Mon, 08 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, the Ministry of Commerce and other two authorities jointly issued the “Statistical Bulletin of China's Outbound Direct Investment in 2020” (2020年度中國對外直接投資統計公報), which shows that the amount of China's outbound direct investment reached USD 153.71 billion, up 12.3% year-on-year.

Mon, 08 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, the General Office of the State Council issued the “14th Five-year Plan for Universal Medical Security” (“十四五”全民醫療保障規劃), marking China’s first five-year plan in the field of medical security.

Thu, 04 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, the “Regulation of Zhejiang Province on E-commerce”(浙江省電子商務條例) was passed by the Standing Committee of the 13th Zhejiang Provincial People's Congress, marking China’s first local legislation for e-commerce.

Mon, 01 Nov 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, Zhejiang passed the “Decision of the Standing Committee of the Zhejiang Provincial People's Congress on the Tackling of Online False Information” (浙江省人民代表大會常務委員會關于網絡虛假信息治理的決定), aiming to establish the mechanism for combating online false information.

Wed, 20 Oct 2021 China Legal Trends CJO Staff Contributors Team

China’s State-owned Assets Supervision and Administration Commission of the State Council recently issued the “Working Rules of the Board of Directors of Central State-Owned Enterprises (for Trial Implementation)” (中央企業董事會工作規則(試行)), aiming to enhance the supervising role of the board of directors in central state-owned enterprises.

Tue, 19 Oct 2021 China Legal Trends CJO Staff Contributors Team

The newly-issued “Measures for Third-party Assessment of Fair Competition Review (for Trial Implementation)” by the Anti-monopoly Commission of China (Hainan) Pilot Free Trade Zone came into force on 1 Oct. 2021.

Sat, 16 Oct 2021 China Legal Trends CJO Staff Contributors Team

In September 2021, a local court in Shanghai made a systematic interpretation of Article 35 of the Montreal Convention, holding that the “period” in this article constitutes a limitation of actions, rather than the preemption claimed by the airline company.