State Council unveils strict rules barring for-profit tutoring companies; MIIT launches six-month campaign targeting internet industry bad practices; and UBS launches family trust services for wealthy clients
An early resolution mechanism is in place for pharmaceutical patent disputes. Artificial intelligence medical software products are defined. Rules for registration of patent pledges are revised.
Andrew Sim and Alanna Rennie of Baker McKenzie discuss the key provisions of the new Judicial Interpretation on plant variety rights (PVR), which will encourage more consistent rulings by the people's court and grant stronger judicial protection to PVR holders in China
Contractual clauses dealing with the consequences of sanctions might be deemed as sanctions implementation or enforcement, potentially in violation of the new anti-foreign sanctions law
China's much-anticipated national carbon trading market sees carbon price rise on first day of trading; MIIT, CAC forbid sharing of cybersecurity vulnerabilities information with overseas entities; and Biden administration adds dozens more Chinese companies to export control blacklist
Overseas listings of data processors will be subject to cybersecurity reviews. Network product providers are required to promptly report security vulnerabilities. Electronic employment contracts are signed via special formation platform.