In 2024, significant progress was made in the fields of legislation, merger control, administrative enforcement, and litigation under the PRC Anti-Monopoly Law. Huang Wei, Gao Chang, Zhu Fan and Ren Yuying of Tian Yuan Law Firm set out an overview of the major developments and key takeaways
The sudden rise of DeepSeek AI has prompted regulators’ concerns over its processing of data; the EU plans to ensure e-commerce platforms are compliant with its laws; and U.S.-China tensions are pushing China-focused private equity funds to expand beyond China.
SAMR issues the first official document on anti-corruption guidance for the healthcare sector. Data centers are required to safeguard the security of the customer’s own training datasets. Regulatory ratings of insurance companies include corporate governance, solvency, liability quality and asset quality.
Jianwei (Jerry) Fang, Chuchen (Julie) Hou and Jiaying (Kate) Jiang of Zhong Lun Law Firm discuss last year’s most significant legislative and judicial developments in civil and commercial dispute resolution in China
Data platforms that look into supply chains benefit from worsening U.S.-China trade relations; China issues first comprehensive guidelines on anti-corruption compliance for the healthcare sector; and complaints have been filed against TikTok, Shein, and AliExpress alleging they are transferring EU personal data to Chinese authorities in violation of GDPR rules.
Global logistics groups relocate Chinese staff overseas to support Chinese supply chains overseas; Chinese miners required to report more critical minerals in overseas reserves to Chinese government; and Banks asked to flag risky trade which includes the trading of cryptocurrencies
SAMR revises company registration measures to prevent shareholders from maliciously diverting property. CNIPA may carry out mediation for IP administrative reconsideration. Foreign expat insurance procedures are revised to align with Convention acceded to by China.
Business operators are prohibited from misusing their data and technology to impede the normal operation of the network product or service offered by another business operator
