Technology Media and Telecom

• In the News: Alleged Uyghur Exports Blocked; High-Tech Export Controls; and Invalid VAM Agreement

  The U.S. detains millions worth of solar panel products at the border; rules surrounding high-tech export controls clarified; Shanghai court strikes down VAM agreement

  November 17, 2022

  

• National Development and Reform Commission, Ministry of Commerce, Ministry of Industry and Information Technology, Ministry of Natural Resources, Ministry of Ecology and Environment and Ministry of Transport, Several Policy Measures to Promote the Expansion of Quantities, Stabilization of Existing Stock and Improvement of Quality by Foreign Investors with a Focus on Manufacturing

  国家发展和改革委员会、商务部、工业和信息化部、自然资源部、生态环境部、交通运输部关于以制造业为重点促进外资扩增量稳存量提质量的若干政策措施

  China will support foreign-invested enterprises to list domestically

  November 13, 2022

• New Pre-Tax Reduction Policies Supporting Enterprise Innovation

  Daisy Duan and Sara Shi of King & Wood Mallesons review newly introduced regulations supporting pre-tax deductions for enterprise innovation in science and technology in China including recommended action to take advantage of these new tax preferential policies.

  November 11, 2022

  

• In the News: Canada Ejects Three Chinese Companies; CFIUS Enforcement and Penalty Guidelines; and First Metaverse IPO

  Three Chinese companies ordered out of Canada's lithium industry; CFIUS publishes first-ever enforcement and penalty guidelines; and China's metaverse IPO starts in Hong Kong.

  November 09, 2022

  

• People's Bank of China, Guidelines for Science and Technology Ethics in the Financial Sector

  中国人民银行金融领域科技伦理指引

  CBIRC issues guidelines for protecting personal information when applying fintech

  November 07, 2022

• State Taxation Administration, Operational Guidelines for the Policy of Increasing the Super-Deduction Percentage of Other Research and Development Expenses of Enterprises to 100%

  国家税务总局其他企业研发费用加计扣除比例提高到100％政策操作指南

  Expenses on overseas-commissioned R&D may be super-deducted

  October 28, 2022

• Announcement on Increasing Pre-Tax Deduction to Support Innovation in Science and Technology

  关于加大支持科技创新税前扣除力度的公告

  High-tech companies are allowed 100% super tax deduction

  October 21, 2022

• In the News: Dual Circulation Policy; Administrative Fine For Data Security Failings; and Crypto Crackdown

  Chinese policy commits to dual circulation; First DSL enforcement action; Crackdown on illegal cryptocurrency exchange, OKX

  October 19, 2022

  

• Secretariat of the National Information Security Standardization Technical Committee, Information Security Technology — Requirements for Classification and Grading of Network Data (Draft for Comments)

  全国信息安全标准化技术委员会秘书处信息安全技术 – 网络数据分类分级要求 (征求意见稿)

  A draft national standard defines core and key data according to their impact to national security and economic operation

  October 14, 2022

• In the News: U.S. Action on Chinese Tech Firms; Chip Export Restrictions; and Tim Hortons Secures China SPAC Merger

  The U.S. Department of Defense imposes further sanctions on Chinese tech firms; Chinese chip companies denied access to U.S. technologies; Tim Hortons China secures a SPAC merger.

  October 12, 2022