U.S. attempts to exclude Chinese access to AI chips by designating ‘gatekeeper’ companies; Shein’s UK IPO application scrutinized over forced labor concerns; and China’s AI Standards Committee to include executives from tech giants
AI cannot serve as a patent inventor. China allows wholly foreign-owned hospitals in nine major places. Marketing authorization holders are required to engage a medical representative for pharmaceutical academic promotion activities.
State Intellectual Property Office issues guidelines on AI as patent inventors; German and British companies are less optimistic about their China prospects, with a caveat; and U.S. adds a range of companies involved in Chinese chipmaking to Entity List
China releases a pilot plan to allow wholly foreign-owned hospitals in major cities such as Beijing and Tianjin; China to require tech operators to improve the security capabilities of recommendation algorithms; and Australian blueberry producer wins over unlicensed Chinese nursery
Foreign marketing authorization holders are required to designate a domestic responsible person in China. Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information. NFRA specifies the non-performing assets that a financial asset management company may acquire.
EU to ban products and components involved in forced labor; EU plans to require tech transfers for Chinese companies to obtain subsidies; and Shanghai court’s opinion allows Chinese individuals to own cryptocurrency
Chinese developer sues Apple for removing its app from the App Store; CSRC requires increased shareholder returns to boost stock prices; and Foreigners are choosing to work remotely instead of moving to China
SAMR defines relevant markets for standard essential patents. Arbitration Law draft provides for interim measures. CSRC issues rules to instruct listed companies to manage its market value.
SAMR tightens rules on SEPs to protect competition; Lawsuit defines scope of search engines’ obligations on search result algorithms; and China promotes carbon neutrality in new environmental energy law.
A foreign investor is allowed to subscribe for new shares of a listed company as a placement target determined by means of competitive bidding. NMPA clarifies the qualifications of a foreign-invested enterprise that may produce imported medical devices in China. Large data security incidents are required to be reported to the local industry regulator.