In Brief

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中国《网络小额贷款业务管理暂行办法(征求意见稿)》于2020年底引起了全世界的关注,人们普遍认为该文件的监管要求导致蚂蚁集团的IPO受挫。中国对农村优先发展是否会使该暂行办法更快地获得通过,毕竟其明确的功能是为“农民”等服务?此外,目前对小额贷款业务的外商投资限制是否会取消?Read more

In Brief

Image: Peter Griffin, Rural China, Publicdomainpictures.net

China’s draft rules on online small loan business drew worldwide attention in late 2020 when the regulatory requirements therein were believed to have caused Ant Group’s IPO setback. Will China’s prioritized development of rural areas speed up the adoption of the draft rules, the explicit function of which is to serve, inter alia, “farmers”? Will current restrictions on foreign investment in this area be lifted?Read more

In Brief

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中国提出了通过“加快建设数字经济、数字社会、数字政府”等工作来建设“数字中国”的目标。“数字政府”在这些数字举措中的作用一直不明确,直到有关该主题的重要文件于2022年6月发布时,这一点才变得清晰。该文件亦让人瞥见,在即将召开的中共二十大会议闭幕后,中国新一届领导层领航中国时很可能会继续采取的发展方向。Read more

In Brief

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China has set a goal to construct “digital China” by, inter alia, “accelerating the construction of a digital economy, a digital society, and a digital government”. The role of China’s “digital government” in these digital initiatives was not clear until a significant document on the topic was issued in June 2022. The document further provides a glimpse of the direction that the new Chinese leadership will likely continue when they are at the helm after the conclusion of the forthcoming Chinese Communist Party’s 20th National Congress.Read more

In Brief

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Since late 2021, China has been pushing the development of the Metaverse and expressing its keen interest in joining the Digital Economy Partnership Agreement, which was signed by Chile, New Zealand, and Singapore in June 2020. These efforts and their latest developments, together with President XI Jinping’s current visit to Central Asia, help show China’s strategic preparations for the future.Read more

In Brief

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《数据出境安全评估办法》(“《办法》”)自9月1日起实施,预计将引发一系列由国家互联网信息办公室(“网信办”)进行的安全评估。任何“数据处理者”计划将其在中国境内收集和产生的“重要数据”出境到其他国家,都必须通过网信办的安全评估。如果未能通过安全评估,数据处理者是否可以在法庭上质疑网信办的决定?Read more

In Brief

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The coming into effect of the Measures for the Security Assessment of Outbound Data Transfers (the “Measures”) on September 1 is expected to trigger a series of security assessments conducted by the Cyberspace Administration of China (the “CAC”). Any “data processor” planning to transfer to another country “important data” collected and generated inside China is required to pass the CAC’s security assessment. If the CAC decides against the data processor, can the CAC’s decision be challenged in court? Read more

In Brief

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尽管中国面临各种经济挑战,但该国的跨境电子商务仍然快速增长。然而,这种增长的种子并不是为了应对新冠病毒疫情的经济困境而无规律地播下的。寻求全球销售的企业若能了解中国跨境电子商务如何获得政府的支持,并明白有哪些最新措施来解决相关争议,将会有助其抓住潜在利润丰厚的机会。Read more

In Brief

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Despite various economic challenges facing China, the country’s cross-border e-commerce stands out to show rapid growth. The seeds of this growth were, however, not planted erratically as a response to economic woes associated with the COVID-19 pandemic. Understanding how this type of commerce has gained governmental support and what latest measures have been taken to resolve related disputes helps businesses seeking to sell globally seize potentially lucrative opportunities.Read more

In Brief

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了解中国对未来作出的准备能让我们更清楚地看到中国今天所处的位置。其中一项准备是中国对本土颠覆性技术的追求。中国希望在国内发展哪些颠覆性技术?它是如何追求这些技术的?目前的成果和相关影响是什么?Read more

In Brief

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Understanding China’s preparation for the future helps us see more clearly where China stands today. One such preparation is the country’s quest for homegrown disruptive technologies. What disruptive technologies does China want to develop domestically? How has China conducted this quest? What are the results so far and related implications? Read more

In Brief

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美国联邦最高法院最近关于堕胎和枪支管制问题的裁决引起了全世界的关注。有趣的是,在地球的另一端,中国国家立法机构关于地方性法规与国家宪法不符的决定(从而引发了该地方性法规的修改)几乎没有引起人们的注意。这决定是关于什么的?它是如何作出的?这样一个说明中国立法的宪法审查的典型事例,如何才能更好地被人认识并产生更积极的影响?Read more

In Brief

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Recent rulings of the U.S. Supreme Court on issues concerning abortion and firearm regulation have drawn worldwide attention. Interestingly, on the other side of the globe, a decision by China’s national legislature that a local regulation was inconsistent with the country’s constitution (thereby triggering an amendment to the local regulation) has gone almost unnoticed. What was the decision about? How was it made? How can such an exemplary instance illustrating the constitutional review of Chinese legislation be better known and used to produce more positive impact? Read more

In Brief

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China’s release of a Typical Case showcasing how courts in Shanghai recognized and enforced a foreign arbitral award by a special reading of the factual situation involved may help instill more confidence in foreign parties amid China’s efforts to revive its economy. How was this breakthrough ruling made? What are the implications of the ruling?Read more