• Mainland China aims at significantly revising its Antitrust Law

    The development of Mainland China’s economy has led to some new risks of anti-competitive behaviors not being substantially addressed by the 2008 Antitrust Law. This requires a reform of Mainland China’s anti-trust legal framework to ensure that certain anti-competitive behaviors could be adequately sanctioned in particular by introduction of criminal penalties, while providing more flexibility for regulatory bodies when assessing whether a merger triggers filing in Mainland China.

  • New opportunities in China's capital market: foreign capital's participation in SSE STAR Market

    SSE STAR Market is a new experimental field for the reform of China’s capital market and has far-reaching significance in solving the problem of insufficient capital support for science and technology innovation companies. We believe that for China's capital market, the establishment of SSE STAR Market will not only further strengthen financial services to the real economy, actively promote the upgrading of China’s industrial structure and realize import substitution, but also accelerate the process of A-share’s institutionalization and internationalization, and promote foreign investment in domestic science and technology innovation enterprises.

  • New FIL and its Implementation rules

    On 1 January 2020, the new Foreign Investment Law of China (FIL) and its implementation regulations came into effect, which overhauled the decades regime of the three foreign investment laws for foreign invested enterprises (FIEs) in China. With the purpose of increasing the stability, transparency and predictability of legal environment for foreign investment, the FIL and its implementation regulations are the landmark development in foreign investment legislation since China launched the reform and opening-up policy over 40 years ago, which will have significant impact on investment by foreign investors in China as well as the overall reform and opening up progress.