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China: Courts Required to Provide Judicial Process Information Through One Online Platform

(July 31, 2018) China’s highest court, the Supreme People’s Court (SPC), recently released the Provisions on the Publication of Judicial Process Information by People’s Courts on the Internet (SPC Provisions). Entering into effect on September 1, 2018, the Provisions require all courts in China to provide judicial process information through one online platform—the China Judicial […]

China: Central Bank Warns Businesses Not to Refuse Cash

(July 26, 2018) On July 13, 2018, China’s central bank, the People’s Bank of China (PBOC) issued a circular stating that businesses and individuals must not refuse or discriminate against cash payments. (Zhongguo Renmin Yinhang Gonggao [2018] Di 10 Hao [PBOC Circular [2018] No. 10] (July 13, 2018), PBOC website; Amanda Lee, As China Goes […]

China: Government Indicates All Virtual Currency Platforms Have Withdrawn from Market

(July 12, 2018) On July 6, 2018, the People’s Bank of China indicated that the platforms trading virtual currencies, such as Bitcoin, and dealing with initial coin offerings (ICOs) in China have “basically all safely withdrawn from the market.” Chinese authorities had identified 88 virtual currency trading platforms and 85 ICO platforms since September 2017 […]

China: Supervision Law Enacted Establishing a New State Supervisory Organ

(July 9, 2018) On March 20, 2018, the National People’s Congress (NPC) of the People’s Republic of China (PRC or China) adopted the PRC Supervision Law.  Effective on the same day, the Law repealed the existing PRC Administrative Supervision Law and established a new supervisory organ of the state. (Zhonghua Renmin Gongheguo Jiancha Fa [PRC […]

China: Constitution Amended to Require State Functionaries to Take Constitutional Oath

(June 15, 2018) On March 11, 2018, the National People’s Congress (NPC) of the People’s Republic of China (PRC or China) adopted an amendment to the PRC Constitution. In addition to removing term limits for the President and Vice President of the PRC, the 21-article amendment made other changes to the Constitution, including requiring state […]

China: 2018 Constitutional Amendment Adopted

(May 18, 2018) On March 11, 2018, the National People’s Congress (NPC) of the People’s Republic of China (PRC or China) adopted an amendment to the PRC Constitution. The amendment contains 21 articles numbered 32 to 52 (the numbering of the articles continues from article 31 of the previous constitutional amendment). (Zhonghua Renmin Gongheguo Xianfa […]

China: Shanghai Financial Court to Be Established

(May 14, 2018) On April 27, 2018, the National People’s Congress Standing Committee (NPCSC) passed a decision to establish a specialized financial court in Shanghai called the Shanghai Financial Court. The decision took effect on April 28, 2018. (Quanguo Renmin Daibiao Dahui Changwuweiyuanhui Guanyu Sheli Shanghai Jinrong Fayuan de Jueding [NPCSC Decision on Establishing the […]

China: New System Relating Corporate Average Fuel Consumption to New Energy Vehicle Sales Takes Effect

(May 9, 2018) On April 1, 2018, the Measures on Parallel Administration of Passenger Car Enterprise Average Fuel Consumption and New Energy Vehicle Credits took effect. The Measures establish a “parallel administration” system for auto companies’ corporate average fuel consumption (CAFC) and new energy vehicle (NEV) sales, aiming to promote new energy cars and provide […]

China: New Visa-Free Policy for Hainan Island

(Apr. 30, 2018) On April 18, 2018, China’s newly created State Immigration Administration (SIA) issued a circular announcing a new visa-free policy that will allow visitors from 59 countries, including the United States, to enter Hainan Province and stay for 30 days without obtaining a visa. (Guojia Yimin Guanli Ju Gonggao [State Immigration Administration Circular] […]

China: Rules Regulating Microblogs Issued

(Feb. 23, 2018) On February 2, 2018, the Cyberspace Administration of China (CAC) released the Provisions on Administration of Microblog Information Services (the Provisions), which will take effect on March 20, 2018. The Provisions were formulated with the goal of promoting the healthy and orderly development of microblog information services, protecting the lawful rights and […]