China Law News

The PBOC has launched certificates for financial deposits, SIPO has required the patent administrative department to handle infringing items at exhibitions and PPP has been further encouraged in public service sectors

Overseas financial institutions have been permitted to establish foreign-funded banks in Beijing, the PBOC has encouraged interbank bond trading and the Ministry of Transport set experience requirements for highway construction projects

The State Council has unveiled a 10-year manufacturing strategy, the NDRC has further opened up China's capital markets and the rights for toll highway PPP projects have been clarified

This week the Kering Group sued Alibaba for selling counterfeits, JD.com and Shanghai Pharmaceuticals worked towards an online healthcare business and foreign bondholders were warned of China's bankruptcy proceedings

The NDRC has further allowed market-set prices for pharmaceuticals and other significant industries listed in its Central Pricing Catalogue. The State Council has opened up the bank card settlement market to foreign institutions

This week the Chinese companies that shifted to tech saw share prices rise, Shenzhen-based drone maker DJI received US$75 million in Silicon Valley and the second draft of the national security law triggered cyber concerns

The Shanghai Stock Exchange has allowed institutional bond investors to engage brokerages and Guangdong Province has issued its first rules to protect financial consumer rights

This week China investigated foreign medical device companies on bribery suspicions, police raided Uber's Guangzhou office and several foreign institutions were approved to invest in China's US$5.9 trillion bond market

The State Council has expanded the infrastructure sectors open to public-private partnerships and the PRC Advertising Law and Food Safety Law have been amended