While the official “3.0 Shanghai Business Environment Reform” plan does not yet have a set release date, on January 2, the Shanghai municipal government shared the plan’s intended content, and media outlets have since released their own reports on what it might entail. In a recent roundtable with USCBC, Shanghai government officials discussed reforms of a similar nature to those mentioned in the plan’s sneak peek.
China Market Intelligence
On January 2, China’s State Administration for Market Regulation (SAMR) released a long-awaited draft revision of the Anti-Monopoly Law (AML), open for public comment until January 31, 2020.
The final implementing regulations were released on December 31 and came into effect on January 1, marking the last major step of implementing China’s Foreign Investment Law (FIL) passed in March last year. Supporting documents to the implementing regulations also came into effect on January 1.
On December 28, the National People’s Congress released its draft Export Control Law, open for public comment until January 26.
In the year 2020, it will be important to monitor implementation of key reform efforts the Chinese government has pledged to carry out during the year, including implementing of the Foreign Investment Law (FIL) as well as reforms to strengthen protection and enforcement of intellectual property (IP) rights. Areas of uncertainty and possible concern for companies in 2020 will be any renewed efforts by Chinese leadership to manage its economy and ongoing development of the corporate social...
On November 15, China’s National Development and Reform Commission (NDRC) released the Guiding Opinion to Deeply Integrate Advanced Manufacturing and Modern Service Industries, outlining a plan for updating China’s manufacturing capabilities by 2025.
This past year finally saw more specific guidance on cybersecurity reviews, critical information infrastructure (CII), cross-border data transfers, and personal information, though many of the policies remain in draft form.
Headlines alleging that a decoupling of the US and Chinese economies is looming, or by some counts, already underway, have appeared in the news cycle for several months now. Once an infrequently used term reserved for economists and electrical engineers, “decoupling” began capturing headlines in the fall of 2018 in an attempt to capture US-China friction in the trade sphere and has held on since.
On Tuesday, November 26, the Department of Commerce announced it is preparing to solicit public comments on proposed rules to implement the May 15 Executive Order 13873, “Securing the Information and Communications Technology and Services Supply Chain,” (“the EO”). The long-awaited regulations set out a case-by-case process the secretary of commerce will follow to determine whether a particular transaction meets the EO’s requirements and should be prohibited or mitigated.
Over the past year, the Chinese government has introduced several legislative changes to improve protection and enforcement of intellectual property (IP) rights. While several looked promising on paper, long-standing structural challenges within the system are preventing China from creating a fair and predictable IP environment. In a recent roundtable with the US Patent and Trademark Office, IP experts and lawyers shared the following about their experiences with the newly revised system:...