PBOC sets forth qualifications standards for senior executives of financial holding companies in line with international and domestic experiences, as well as improving the operation of the interbank bond market. Guangzhou issues the first guidelines on e-commerce live streaming.
Biden administration adds seven Chinese supercomputing entities to Entity List; SAMR issues record antitrust fine on Alibaba over market dominance abuse; and new measures released for Hainan free trade port
Manufacturers are offered greater tax deduction on R&D expenses, laboratory-developed tests are given the green light and new buildings in county seats may be subject to environmental restrictions.
CBIRC expands the scope of due diligence on banking customers, commercial banks should strengthen their liability quality management in six aspects and allocation of carbon emission allowances will be conducted for free at the initial stage.
SEC unveils amendments to implement law targeting U.S.-listed Chinese companies; China outlines plans to improve workers' protections in platform economy; and NDRC streamlines approvals process for foreign investment in encouraged industries
CSRC redefines major shareholders of securities companies and tightens corporate management's information disclosure obligations. The pilot project for cross-border e-commerce retail import is expanded.
FTSE Russell proposes index re-inclusion following Xiaomi court success; Commerce, FCC ramp up scrutiny of Chinese ICTS, telecom companies; and China bans Tesla from military bases over security concerns
Platform merchants should be able to operate in an autonomous manner, CNIPA defines irregular patent filings and liquidity management is the core requirement for issuance of short-term commercial paper by securities companies.
U.S.-China tensions remain number one concern among U.S. companies in China; FCC designates five Chinese companies as national security threats; and PBOC, SAFE launch pilot program in Beijing, Shenzhen for multinationals' foreign exchange purchases
