The National Cyber Security Standardization Technical Committee also released the Data Security Technology — Rules for Data Classification and Grading (draft for approval) (GB/T 43697-2024, the "New Classification and Grading Regulations";...

The New Provisions outline explicit exemptions for scenarios that no longer require security assessments conducted by the CAC (“CAC Security Assessments”), Standard Contracts Record Filing (“SCCs Record Filing”) or Personal Information ...

Echoing the Communist Party of China’s stringent stance against bribery, Amendment XII to the Criminal Law of the People’s Republic of China (“Amendment XII”) came into effect on March 1, 2024. This amendment significantly bolsters prov...

On November 10, 2023, the General Administration of Customs of China (“GAC”) released the Draft Revised Version of the Customs Law of China for Public Comment) (“Draft Revision”). The deadline for submission of comments was December 10,...

On December 29, 2023, the Standing Committee of the Fourteenth National People’s Congress of the People’s Republic of China voted to adopt the newly amended Company Law of the People’s Republic of China (the “New Company Law”) during i...

Recent amendments to China’s Company Law will require investors in China (domestic and foreign alike) to review and update the corporate documentation of their China companies. Those selling companies in China should take particular care f...