Legal

Daisy Duan of King & Wood Mallesons discusses enterprises that will qualify to be an applicant under the simplified procedure for unilateral advance pricing arrangements (APAs) and those that are excluded, and the benefits of having a streamlined APA process for MNCs in cross-border transactions

Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

Draft E-Commerce Law accords greater protection to IP rights holders. CBIRC sets new requirements for naming of property insurance products. New rules allow for priority registration of medical devices.

Tax filing is not needed for domestic reinvestment of a foreign investor

Propagating materials are crucial to IP infringement cases on new plant varieties

Casper Sek of Jin Mao Partners highlights the requirements of the Regulations on CII Protection from the perspective of compliance practices for companies operating in China and discusses what is a critical information infrastructure and critical information infrastructure operator, the regulators involved and compliance under the new regulations

SEC begins asking Chinese companies for more VIE-related disclosures; SPC publishes model cases involving labor disputes as "996" crackdown continues; and CAC publishes draft rules for algorithm recommendation services

The official Personal Information Protection Law provides for transfer of data handling. Important auto data requires a security assessment when transferred overseas. Corporate deregistration is made easier.

SPC defines business ethics in the context of unfair competition