On 28 Nov. 2024, the Standing Committee of the National People’s Congress (NPC), China’s top legislature, passed the newly amended “Supervision Law of the People’s Republic of China”, which will come into effect on 1 June 2025.
According to the Legislative Affairs Commission of the NPC Standing Committee, this amendment to the Supervision Law
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Beijing Launches First Bilingual Foreign Investment Guide
By Site Admin
On 23 Dec. 2024, the Beijing Municipal Administration for Market Regulation issued the country’s first bilingual “Guide to Registering a Foreign-Invested Company” (外商投资公司登记注册办理指南, hereinafter the “Guide”)and its companion “FAQs for Registration of Foreign-Invested Company” (外商投资公司登记注册常见问题解答). This initiative aims to foster a business-friendly environment for foreign investors in Beijing.
The Guide, the first of its…
Mainland Court Recognizes First HK Judgment Under New Arrangement
By Site Admin
On 28 Nov. 2024, the Beijing Fourth Intermediate People’s Court (BFIPC) held a press conference to introduce measures supporting the development of international commercial arbitration centers and released ten typical cases of judicial review of arbitration.
In December 2024, the BFIPC issued a ruling to recognize and enforce a monetary judgment by the Hong Kong…
China Regulates Takeout Marketing to Curb Food Waste
By Site Admin
On 29 Nov. 2024, China’s State Administration for Market Regulation (SAMR) released the “Guidelines for Regulating Marketing Behaviors to Prevent Takeout Food Waste” (防范外卖餐饮浪费规范营销行为指引, hereinafter the “Guidelines”) to regulate the marketing behaviors of food delivery merchants and prevent food waste.
The Guidelines aims to guide food delivery merchants in addressing marketing behaviors that may lead…
China Adopts First Local Regulation on Commercial Mediation
By Site Admin
China's First Third-Party Funding Arbitration Case Named Top Ten by Beijing Court
By Site Admin
On 28 Nov. 2024, Beijing Fourth Intermediate People’s Court (hereinafter the “Court”) held a press conference to introduce its measures supporting the construction of an International Commercial Arbitration Center in Beijing and released the ten typical cases of judicial review of arbitration.These cases focus on frontier issues in commercial arbitration, such as third-party funding,…
Beijing Court Supports Beijing to Build Int’l Commercial Arbitration Center
SPC Publishes First Maritime Guiding Cases
By Site Admin
On 26 Nov. 2024, China’s Supreme People’s Court (SPC) released the 41st batch of guiding cases, marking its first publication of maritime guiding cases.
This batch includes seven cases, covering areas such as maritime cargo transportation contracts, salvage operations, liability for ship collisions, the establishment of maritime liability limitation funds, and the recognition of…
SPC & SPP Targets Crimes of Refusing to Comply with Court Judgments
By Site Admin
On 18 Nov. 2024, China’s Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP) jointly issued the “Interpretation on Several Issues Concerning the Application of Law in Handling Criminal Cases of Refusal to Comply with Judgments or Rulings” (关于办理拒不执行判决、裁定刑事案件适用法律若干问题的解释, hereinafter the “Interpretation”),which came into force on 1 Dec. 2024. The Interpretation aims to…
China Revises Anti-Money Laundering Law
By Site Admin
On 8 Nov. 2024, the Standing Committee of the National People’s Congress (China’s top legislature) passed the newly amended Anti-Money Laundering (AML) Law of the People’s Republic of China, which came into effect on 1 Jan. 2025.
The newly revised AML Law consists of 7 chapters and 65 articles. The revision mainly clarifies the…