Legislation

Favorable tax policy for venture capital firms is extended to 2027.

Guidelines are given for informing individuals of automated decision processing of their personal information

Lawfulness of personal information processing is the focus of an compliance audit.

National Administration of Financial Regulation permits overseas non-financial institutions to serve as investors in financial asset management companies.

"Refusal to deal" and "tying" are defined more clearly.

Companies that collect a large amount of personal information are required to conduct a compliance audit of its protection of personal information annually

Facial recognition may not be carried out if other non-biometric identification technology solutions are available

The financial requirements for establishing auto finance companies are substantially increased

People's Bank of China issues rules restricting cross-border transfer of its business data