The PBOC has required online lending organizations to get approval and the State Council has raised the payment percentage for critical illness insurance and promoted a national financing security fund
This week the Tianjin Port explosion was analysed in terms of insurance claims, regulatory investigations and disputes, and 15,000 individuals were arrested for internet security violations
This week the copyright agency removed 2.2 million unlicensed songs from the internet, the NPC included a property tax law in its legislation plan and the market bet on Gome attracting a partner after its rival Suning tied up with Alibaba
This week the SPC has increased the liability of P2P online lending platforms in loan cases, private capital has been encouraged in railway construction projects and a maximum 30 years has been set for highway operation
This week the government required major internet companies to set up security offices staffed by police, the migration of Chinese manufacturers to the US was discussed and the national anti-corruption drive yielded substantial results
China's draft Cybersecurity Law, which restricts cross-border data transmissions and requires the setting up of servers in the country, has prompted foreign companies to assess risks regarding delay, disclosure and costs
The China Insurance Investment Fund has been established, shipping WFOEs will be approved by the local commerce regulators and the FTZs have opened the culture and entertainment sector to foreign investment
This week Walmart took acquired the remaining shares of Yihaodian, Tsinghua Unicom's US$23 billion bid for a US chipmaker flagged cybersecurity concerns and people who failed to make court-ordered payments were banned from taking China's trains
The SPC has clarified guidelines for court enforcement of arbitration awards, the PBOC has put P2P lending under legal scrutiny and the Guangdong FTZ has opened up to foreign financial institutions
This week new regulations targeted risky online financing platforms, companies with their listings halted sought other funding options and auto dealers in China gained the upper hand