The PRC issues a 1,260-article, comprehensive Civil Code covering all aspects of civil and business life in China. It becomes effective on January 1, 2021.
China has passed its first-ever Civil Code, which will come into...more
6/17/2020
/ China ,
Civil Code ,
Contract Termination ,
E-Commerce ,
Environmental Policies ,
Factoring ,
Force Majeure Clause ,
Foreign Investment ,
Inheritance ,
Judicial Interpretation ,
Mortgages ,
Partnerships ,
Personal Data ,
Property Management Companies ,
Sexual Harassment
The Ministry of Industry and Information Technology Issues the First Value-Added Telecom Services License to an E-Commerce Wholly Foreign Owned Enterprise.
Background -
Historically, foreign investors were...more
On June 19, 2015, China’s Ministry of Industry and Information Technology (“MIIT”) promulgated a new policy, Opinions on Lifting Restrictions on the Foreign Equity Ratio for Online Data Processing and Transaction Processing...more
Further to the early 2014 policy that relaxed the restrictions on the foreign equity ratio in value-added telecommunications business in the Shanghai Free Trade Zone (“Shanghai FTZ”), on January 15, 2015, the Ministry of...more