Legislation roundup: Foreign Investment Law, IP tribunal and financial information
January 02, 2019 | BY
Susan MokForeign investment includes direct and indirect foreign investment activities, an IP tribunal is set up to hear complex IP cases and financial information providers are put under cybersecurity scrutiny
FDI
Foreign Investment Law of the People's Republic of China (Draft)
The Draft defines foreign investment as the foreign investment activities carried out directly or indirectly by foreign natural persons, enterprises or other organizations in China.
Foreign-invested enterprises may lawfully seek financing through the public offering of shares, corporate bonds or other such securities as well as by other means.
The conditions of technical cooperation in the course of foreign investment shall be determined by the investors through negotiations. Administrative authorities and their working personnel may not use administrative means to compel technology transfer.
See the digest for more details.
Further reading
Intellectual Property
Supreme People's Court, Provisions on Several Issues Concerning the Intellectual Property Tribunal
The Intellectual Property Tribunal shall hear appeals where a party is dissatisfied with a judgment or ruling concerning an invention patent, utility model patent, new plant variety, integrated circuit layout design, technical secret, computer software or first instance civil monopoly case rendered by a higher people's court, intellectual property court or intermediate people's court.
See the digest for more details.
Further reading
Cybersecurity
Cyberspace Administration of China, Provisions for the Administration of Financial Information Services
A financial information service provider may not produce, reproduce, publish or disseminate information with content that spreads false financial information that jeopardizes national financial security or social stability.
See the digest for more details.
Further reading
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