Legislation roundup: FDI, renminbi bonds in SFTZ and criminal investigations
September 23, 2016 | BY
Katherine Jo &clp articles &The NDRC has drafted a revised FDI catalogue for central and western China, the Shanghai FTZ has opened the renminbi bond market and e-data has been permitted to be frozen for investigations
FDI
National Development and Reform Commission, Amendment Draft of the «Catalogue for Guiding Foreign Investment in the Dominant Industries of the Central and Western Regions»
According to the Draft, research, development and manufacture of smart robots are added for Liaoning, Heilongjiang, Anhui, Jiangxi, Chongqing and Sichuan.
Construction and operation of smart logistics ports and inland ports are added for Jilin.
See the digest for more details.
Further reading
Capital Markets
China Central Depository & Clearing Co., Ltd., Guidelines on Bond Business in the China (Shanghai) Pilot Free Trade Zone
A domestic or foreign organization that has opened a free trade account (FTA) and a foreign organization that has opened a non-resident renminbi settlement account (NRA) are qualified to participate in bond business in the Shanghai FTZ.
See the digest for more details.
Further reading
Criminal Law
Supreme People's Court, Supreme People's Procuratorate and Ministry of Public Security, Provisions on Several Issues Concerning the Gathering, Accessing, Review and Determination of Electronic Data in the Handling of Criminal Cases
最高人民法院、最高人民检察院、 公安部关于办理刑事案件收集提取和审查判断电子数据若干问题的规定
Subject to the approval of the officer in charge of the public security authority or of the chief procurator at the county level or above, electronic data may be frozen if:
(1) there is a large volume of data and it is impossible or impracticable to access;
(2) the time required for accessing the same would be long, potentially resulting in its being altered, damaged or lost;
(3) the electronic data could be viewed more directly through a display on an online application;
See the digest for more details.
Further reading
FDI
National Development and Reform Commission, Amendment Draft of the «Catalogue for Guiding Foreign Investment in the Dominant Industries of the Central and Western Regions»
According to the Draft, research, development and manufacture of smart robots are added for Liaoning, Heilongjiang, Anhui, Jiangxi, Chongqing and Sichuan.
Construction and operation of smart logistics ports and inland ports are added for Jilin.
See the digest for more details.
Further reading
Capital Markets
China Central Depository & Clearing Co., Ltd., Guidelines on Bond Business in the China (Shanghai) Pilot Free Trade Zone
A domestic or foreign organization that has opened a free trade account (FTA) and a foreign organization that has opened a non-resident renminbi settlement account (NRA) are qualified to participate in bond business in the Shanghai FTZ.
See the digest for more details.
Further reading
Criminal Law
Supreme People's Court, Supreme People's Procuratorate and Ministry of Public Security, Provisions on Several Issues Concerning the Gathering, Accessing, Review and Determination of Electronic Data in the Handling of Criminal Cases
最高人民法院、最高人民检察院、 公安部关于办理刑事案件收集提取和审查判断电子数据若干问题的规定
Subject to the approval of the officer in charge of the public security authority or of the chief procurator at the county level or above, electronic data may be frozen if:
(1) there is a large volume of data and it is impossible or impracticable to access;
(2) the time required for accessing the same would be long, potentially resulting in its being altered, damaged or lost;
(3) the electronic data could be viewed more directly through a display on an online application;
See the digest for more details.
Further reading
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