Legal

Ting Wu of Haiwen & Partners raises some questions to highlight how China's newly implemented drug patent linkage system attempts to resolve drug patent disputes in the early stages, which will have a sweeping impact on market entry strategies for chemical drugs in China

JPMorgan becomes first fully foreign-owned securities venture in China; Fidelity approved to set up new fully-owned mutual fund business; and SEC approves new board diversity quota and disclosure requirements

Several major Chinese law firms have set up new offices in Hainan since 2018

Land owners shall be informed if rights to collectively-owned land is transferred. Application for the simplified procedure for advance pricing is made easier. Monitoring of reinsurance outside mainland China is reinforced.

An early resolution mechanism is in place for pharmaceutical patent disputes

China bans listing of tutorial institutions

SEC to require Chinese issuers clarify VIE structures and whether listing has government backing; SPC issues judicial interpretation with restrictions on commercial applications of facial recognition technology; and MOFCOM unveils separate negative list for cross-border trade in services in Hainan

We now announce shortlists for the 15th annual China Law & Practice Awards.

China bans listing of tutorial institutions. Beijing Municipality promotes the establishment of private equity secondary market funds. SPC issues an interpretation protecting personal facial information.