China Signals Support for Platform Companies Amid Easing ‘Tech Crackdown’
China’s technology sector witnessed a sudden increase in regulatory scrutiny, resulting in major fines, antitrust penalties, and need for restructuring in the last 3 years. However, the ‘tech crackdown’ may well be in sight with the government showing open support for platform companies at all levels.
How to Interpret China’s First Effort to Regulate Generative AI Measures
By creating a secure and conducive operational environment, China aims to foster innovation and responsible use of generative AI in various sectors. We discuss pertinent new regulation and its impact on the tech market.
Carbon Labeling on Products: Global Practice and Implementation in China
We discuss the practice of carbon labeling and its adoption by companies in select countries. China’s ‘dual carbon’ goals have resulted in recent regulatory developments and increased use of carbon labels.
WeChat Enables Foreigners to Pay with Overseas Cards in China
In its latest update to WeChat Pay, Tencent has enabled foreign users to link their international cards, enhancing mobile payments in China and aligning with efforts to attract international tourists and boost domestic consumption.
New Measures to Support Hong Kong and Macao Medical Institutions in Qianhai Cooperation Zone
We look at the highlights, benefits, and requirements proposed in the new measures to support the establishment and work of Hong Kong and Macao medical institutions within the Qianhai Cooperation Zone.
China Releases New Measures to Further Open-Up its Free Trade Zones
China’s FTZ Opening-Up Measures will further liberalize the business environment in six pilot regions to promote international trade and investment.
China’s Human Genetic Resources Regulation: Key Points for Foreign Stakeholders
Latest changes to China’s human genetic resources regulation seek to make compliance requirements efficient for research and industry applications, but also ensure biosecurity goals.
China’s New Foreign Relations Law: Clarifications & Analysis
China has passed a new foreign relations law that strengthens the government’s legal basis for “countermeasures” against potential threats to its economic security, designed to deal with issues seen against Russia in terms of Western sanctions. The National People’s Congress approved the law on Thursday (June 29).