SAFE sets a ceiling on offshore bank loans

State Council promulgates regulations helping define critical information infrastructure

CBIRC relaxes procedures for insurance companies' funds investment. ChiNext and Star Market rules amended to prevent suppression of IPO prices by combined efforts.

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

CBIRC imposes regulatory ratings on banks to control risks. SAFE sets a ceiling on offshore bank loans. Wealth management products are subject liquidity risk control.

New rules allow for priority registration of medical devices

Rules for registration of patent pledges are revised

Jerry (Jianwei) Fang and Runyang Liu of Zhong Lun Law Firm introduce China's Personal Information Protection Law and explain a number of vital compliance considerations for multinational corporations

The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.