JC Master Legal News Issue 1118

Key Takeaways for This Issue

The General Office of the State Council has forwarded the Opinions of the China Securities Regulatory Commission and other departments on further strengthening comprehensive measures to prevent and punish financial fraud in the capital market.
The China Securities Regulatory Commission, in conjunction with the Ministry of Public Security, the Ministry of Finance, the People’s Bank of China, the National Administration of Financial Regulation, and the State-owned Assets Supervision and Administration Commission of the State Council, has formulated the “Opinions on Further Strengthening Comprehensive Measures for Preventing and Punishing Financial Fraud in the Capital Market.” With the approval of the State Council, the General Office of the State Council officially circulated the full text of the Opinions on July 5.
Facilitating Small and Medium-Sized Investors’ Participation in Listed Companies’ Shareholders’ Meetings: The SSE Launches a Pilot Program for Online Voting Reminder Services.
Recently, the Shanghai Stock Exchange issued a business notice to its member offices and listed companies, launching a pilot program for a shareholder‑meeting online voting reminder service.
The Ministry of Industry and Information Technology is conducting the selection process for exemplary cases of the application and promotion of 100 group standards in the industrial and information technology sectors for 2024.
On July 4, the website of the Ministry of Industry and Information Technology published the “Notice on Launching the Selection of Typical Cases for the Application and Promotion of 100 Industrial and Information Technology Group Standards in 2024.”
The Supreme People’s Procuratorate has released typical cases demonstrating the implementation of the mandatory reporting system.
On July 5, the Supreme People’s Procuratorate, the Ministry of Education, the Ministry of Public Security, the Ministry of Civil Affairs, the National Health Commission, and the All-China Women’s Federation jointly released a batch of typical cases demonstrating the implementation of the mandatory reporting system.
Finance & Capital Markets
The China Securities Regulatory Commission has rigorously investigated and prosecuted five cases of financial fraud and other violations of information disclosure by listed companies.
With regard to violations of information disclosure, such as financial fraud and the misappropriation of funds by major shareholders, the China Securities Regulatory Commission (CSRC) has consistently maintained a strict enforcement stance. Recently, taking into account the nature of the violations and the degree of responsibility, the CSRC issued administrative penalties and pre‑notice decisions in five cases involving financial fraud and the misappropriation of funds by major shareholders. First, it issued administrative penalty decisions against three companies—Jiangsu Shuntian, ST Texin, and *ST Zhongli—imposing cumulative fines totaling RMB 68.3 million and imposing securities market bans on six principal persons held accountable. Second, it issued pre‑notice administrative penalty decisions against two companies—Easit and Caesar Tongsheng—proposing total fines of RMB 52.7 million and proposing securities market bans for one principal person held accountable.

Administrative penalties are not the end of the road. The China Securities Regulatory Commission (CSRC) continues to strengthen coordination with public security and judicial authorities, promoting comprehensive, multi‑dimensional accountability. Building on the imposition of stricter administrative sanctions, it is advancing the integration of criminal prosecution and civil compensation, thereby significantly raising the costs of illegal conduct. The CSRC adheres to the principle of “referring all cases that should be referred,” resolutely transferring to public security organs any instances of financial fraud that constitute criminal offenses, and pursuing criminal liability in accordance with the law. For example, recently, cases involving Jiangsu Shuntian and ST Jingang have been legally referred to the police. With respect to other cases suspected of criminal activity, the CSRC will, in strict compliance with the “Provisions of the Supreme People’s Procuratorate and the Ministry of Public Security on the Standards for Filing and Prosecuting Criminal Cases under the Jurisdiction of Public Security Organs (II),” promptly refer such matters to the police and pursue criminal accountability without exception. Where civil liability is applicable, the CSRC will, through mechanisms such as supporting litigation, representative lawsuits, and subrogation suits administered by the Investor Service Center, initiate civil remedies and support investors in asserting their rights in accordance with the law. For instance, in the Jiangsu Shuntian case, the relevant court has formally accepted the Investor Service Center’s application to support investor litigation, and civil proceedings will be initiated in due course.

Going forward, the China Securities Regulatory Commission will continue to strengthen its multi‑pronged accountability framework for controlling shareholders and actual controllers who engage in financial fraud or misappropriate listed‑company assets, while further deepening coordination with public security and judicial authorities. It will also work to foster a regulatory‑enforcement “ecosystem” characterized by joint governance and seamless interconnection, ensuring that stringent, robust regulatory and enforcement requirements are fully implemented.

The China Securities Regulatory Commission has launched a special research initiative to further and comprehensively deepen capital market reform.
To thoroughly implement General Secretary Xi Jinping’s important expositions on comprehensively deepening reform and to earnestly carry out the arrangements set forth at the Central Financial Work Conference and in the new “Nine Measures for National Financial Reform,” recently, Wu Qing, Secretary of the CPC Committee and Chairman of the China Securities Regulatory Commission, together with other members of the leadership team, conducted field research in Shenzhen, Guangzhou, Shanghai, Beijing, and other locations, focusing on further and more comprehensive reforms of the capital market. Through holding symposiums and conducting on-site visits, they engaged in in-depth exchanges with listed companies, industry institutions, investors, academic experts, and representatives from various units within the regulatory system, fully soliciting their views and suggestions.

During the research, participants unanimously agreed that promoting high-quality development of the capital market is of paramount importance for supporting China’s drive toward high-level scientific and technological self-reliance and for fostering new‑type productive forces. All stakeholders expressed strong confidence that China’s economy will continue to maintain stable and positive momentum, and that the capital market will enjoy steady and sound growth. To adapt to the new circumstances and requirements, it is essential to keep officely focused on advancing Chinese‑style modernization, uphold the overarching principle of strengthening regulation to prevent risks and promote high‑quality development, adopt both a goal‑oriented and problem‑oriented approach, make effective use of reform as a key lever, and remain committed to a market‑based and law‑based direction. In doing so, we must further remove bottlenecks and obstacles that constrain the capital market’s high‑quality development and continuously enhance its ability to deliver tangible benefits and improve the efficiency of its services to the real economy.

It is recommended that, in further comprehensively deepening capital market reform, the focus should be squarely on serving technological innovation and the development of new‑type productive forces, while accelerating the establishment of a full‑chain market service system and related institutional mechanisms that are well aligned with these priorities. We must uphold quality as the top priority, rigorously control IPO准入, and refine mechanisms for the precise identification of technology‑based enterprises. At the same time, we should strike an appropriate balance between primary and secondary markets, more vigorously encourage the entry of medium- and long‑term capital, and work to bolster the intrinsic stability of the capital market. We will adhere to law‑based, stringent regulation, further enhancing the adaptability and targetedness of oversight over securities lending, quantitative trading, and delisting. We will resolutely crack down on serious violations such as financial fraud and fraudulent issuance, continue to improve investor compensation and redress mechanisms, and strengthen investor protection throughout the delisting process. By adopting a range of measures, we will invigorate the M&A and restructuring market, supporting listed companies in pursuing mergers and acquisitions and industrial consolidation to strengthen and enhance their core businesses, thereby significantly elevating the overall quality of listed offices. We will also further facilitate the smooth circulation of private equity and venture capital funds across the “fundraising‑investment‑management‑exit” cycle, guiding them to invest early, in small‑scale ventures, in the long term, and in hard‑core technologies. Finally, we will hold intermediary institutions strictly accountable for their gatekeeping role and accelerate efforts to upgrade their professional service capabilities.

Wu Qing pointed out that the China Securities Regulatory Commission is conducting an in-depth, comprehensive assessment of capital market reforms, including the registration-based system. On this basis, it will promptly study and formulate a package of measures to further deepen capital market reform across the board. The CSRC will adhere to the principles of seeking progress while maintaining stability, balancing short-term and long-term goals, and adopting a holistic policy approach; it will respect underlying market dynamics, uphold fundamental principles while fostering innovation, and strive to advance high‑level market‑oriented reforms. In particular, it will enhance the institutional inclusiveness and precision of the capital market in supporting new industries, business models, and technologies, and accelerate the implementation of the “Eight Measures for the STAR Market.” It will also work to promote high‑quality development of listed companies by expediting improvements to foundational systems governing issuance and listing, information disclosure, and mergers and acquisitions. Furthermore, it will encourage intermediary institutions to deliver high‑standard professional services, vigorously strengthen their capacity‑building efforts, and speed up the development of world‑class investment banks and asset management offices. Finally, the CSRC will ensure that violations of laws and regulations carry a high cost by significantly reinforcing a multi‑pronged accountability framework—encompassing administrative, criminal, and civil penalties—while maintaining a rigorous and stringent regulatory stance to effectively safeguard market order under the principles of fairness, openness, and impartiality, and to protect the legitimate rights and interests of small and medium‑sized investors.

Wu Qing emphasized that the CSRC will adhere to the principles of “conducting assessments and reforms in an open, transparent manner,” strengthen market communication, solicit and carefully consider opinions and suggestions from all stakeholders, promptly revise and improve relevant systems and rules, and swiftly introduce a number of exemplary cases to foster strong synergy among all parties in advancing the further, comprehensive deepening of capital market reform.

Relevant officials from the relevant departments and bureaus of the China Securities Regulatory Commission attended the research visit.

The General Office of the State Council has forwarded the Opinions of the China Securities Regulatory Commission and other departments on further strengthening comprehensive measures to prevent and punish financial fraud in the capital market.
To implement the major decisions and arrangements of the CPC Central Committee and the State Council on severely cracking down on financial fraud in the capital market and strengthening comprehensive prevention and punishment, the China Securities Regulatory Commission, in collaboration with the Ministry of Public Security, the Ministry of Finance, the People’s Bank of China, the National Administration of Financial Regulation, and the State-owned Assets Supervision and Administration Commission of the State Council, has formulated the “Opinions on Further Enhancing Comprehensive Prevention and Punishment of Financial Fraud in the Capital Market” (hereinafter referred to as the “Opinions”). With the approval of the State Council, the General Office of the State Council officially circulated the full text of the “Opinions” on July 5.

The Opinions are guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implement the spirit of the 20th National Congress of the Communist Party of China, the Central Economic Work Conference, and the Central Financial Work Conference, uphold and strengthen the Party’s leadership, and significantly enhance efforts to combat and prevent financial fraud in the capital market, emphasizing both punishment and prevention and addressing both symptoms and root causes. The Opinions set forth 17 specific measures across five key areas: cracking down on and curbing financial fraud in priority sectors; optimizing the institutional mechanisms for securities regulation and enforcement; intensifying all‑round, multi‑dimensional accountability; strengthening inter‑agency coordination and central–local collaboration; and establishing normalized, long‑term mechanisms for preventing and combating financial fraud. The issuance of these Opinions provides clear guidance for comprehensively addressing financial fraud in the capital market in the current period and beyond, and will vigorously encourage all stakeholders to impose stricter penalties on financial fraud, effectively safeguard investors’ legitimate rights and interests, and systematically establish a new framework for integrated prevention and punishment, thereby offering robust support for advancing high‑quality development of the capital market.

The China Securities Regulatory Commission will work closely with relevant departments to ensure the effective implementation of the “Opinions,” focusing on the following key areas. First, we will strictly control market access, rigorously preventing entities engaged in financial fraud from gaining entry, thereby enhancing the authenticity and transparency of financial information disclosure at the source. Second, we will strengthen穿透式 (penetrative) supervision, leverage the role of whistleblowers, and employ multiple channels to identify and systematically screen credible leads. We will improve the quality and efficiency of case investigations, significantly increase the severity of administrative penalties, optimize coordination mechanisms with public security and judicial authorities, impose strict punishments on the principal perpetrators of fraud, and refine a comprehensive accountability framework encompassing administrative, criminal, and civil liabilities. Third, we will expand the supply of foundational institutional frameworks by promulgating the Regulations on the Supervision and Administration of Listed Companies and issuing a judicial interpretation on the crime of breaching trust to harm the interests of listed companies, ensuring that both financial fraud and third-party complicity are prosecuted in tandem and raising the costs of illegal and non-compliant conduct. Fourth, we will deepen inter‑ministerial and central–local collaboration, strengthening cooperation with state‑owned asset management, financial regulators, industry authorities, and local governments in areas such as lead identification, information sharing, evidence collection, and joint disciplinary measures, thereby reinforcing oversight and accountability. Fifth, we will bolster comprehensive preventive mechanisms by reinforcing companies’ internal safeguards against financial fraud and the misappropriation of listed company assets by related parties, further holding intermediary institutions accountable as gatekeepers, and continuously intensifying public awareness and warning efforts.

The China Securities Regulatory Commission convened a special symposium on leveraging the capital market to advance the five major initiatives in finance.
To thoroughly implement the arrangements set forth at the Central Financial Work Conference and in the new “Nine Measures for National Finance,” Wu Qing, Secretary of the CPC Committee and Chairman of the China Securities Regulatory Commission, recently convened a special symposium on advancing the five major tasks in the capital market. During the event, he engaged in in-depth discussions with representatives from enterprises, institutions, and academic experts in fields such as technology finance, green finance, inclusive finance, pension finance, and digital finance, fully soliciting their views and suggestions. Li Chao, a member of the CPC Committee and Vice Chairman of the Commission, also attended the meeting.

At the symposium, participants agreed that effectively advancing the “five major initiatives” in finance represents a key priority for the capital market to better support China’s path to modernization. The capital market plays crucial roles in sharing innovation risks, fostering the formation of innovative capital, and optimizing resource allocation; therefore, sustained efforts must be redoubled to implement these initiatives. Upholding a market‑oriented and law‑based approach, we should further deepen capital market reforms across the board, strengthen the market’s functions, continuously refine its product and service offerings, and channel more resources into areas such as technological innovation, green and low‑carbon development, and inclusive social welfare.

Wu Qing pointed out that, since the beginning of this year, the China Securities Regulatory Commission has earnestly implemented the decisions and arrangements of the CPC Central Committee and the State Council, focusing on advancing science-and‑technology‑driven finance. It has successively issued a series of policy documents, including the “16 Measures for Science and Technology Innovation” and the “Eight Measures for the STAR Market,” and is currently expediting the implementation of these initiatives. At the same time, the Commission has been actively yet prudently promoting institutional reforms and product innovations in areas such as green finance, inclusive finance, pension finance, and digital finance—fields that are closely linked to the capital markets.

Wu Qing emphasized that delivering on the “five major tasks” in finance is both an urgent imperative for advancing high-quality development and a key component of effectively enhancing the quality and effectiveness of financial services to the real economy, with the capital market bearing an inescapable responsibility. Going forward, the China Securities Regulatory Commission will thoroughly study and implement General Secretary Xi Jinping’s important expositions on financial work and the spirit of the National Science and Technology Conference. Centered on fulfilling these five major tasks, it will adhere to systems thinking, uphold fundamental principles while fostering innovation, and adopt comprehensive policy measures. By identifying targeted leverage points and breakthroughs in light of the unique characteristics and underlying patterns of the capital market, the Commission will accelerate reforms and improve relevant foundational systems and mechanisms, thereby providing higher‑quality products and services to support major national strategies, priority sectors, and areas of weakness in economic and social development. Furthermore, it will enhance the inclusiveness and precision of the capital market in supporting scientific and technological innovation, employ multiple measures to invigorate the M&A and restructuring market, enable private equity and venture capital funds to play an even more effective role, and refine a multi‑tiered market framework encompassing equities, bonds, and derivatives. Through these efforts, the Commission will continue to promote high‑quality development of the capital market, better serving the growth of new‑type productive forces and the cause of Chinese‑style modernization.

Relevant officials from the relevant departments and bureaus of the China Securities Regulatory Commission attended the symposium.

Facilitating Small and Medium-Sized Investors’ Participation in Listed Companies’ Shareholders’ Meetings: The SSE Launches a Pilot Program for Online Voting Reminder Services.
Recently, the Shanghai Stock Exchange issued a business notice to its member institutions and listed companies, launching a pilot program for an online shareholder‑meeting voting reminder service. The notice requires member institutions to enhance the shareholder‑meeting reminder functionality in their trading client applications, ensuring that investors are promptly informed of upcoming shareholder meetings. Meanwhile, the SSE will provide an online voting reminder service, enabling listed companies to commission the exchange—free of charge—to proactively send reminders to each investor via smart SMS messages and other channels. This pilot initiative represents the SSE’s effort to implement the requirements of the new “Nine Measures” and better serve small and medium‑sized investors.
Attending a listed company’s shareholders’ meeting and voting on relevant proposals is an important means for investors to exercise their shareholder rights and safeguard their legitimate interests. At present, online voting has become the primary method for small and medium-sized investors to participate in shareholders’ meetings. In practice, however, the lengthy interval between the issuance of the notice of the shareholders’ meeting and its actual convening, coupled with the absence of adequate reminder mechanisms, has to some extent created inconvenience for investors seeking to cast their votes online.
This pilot program aims to leverage technological tools to deliver shareholder meeting attendance and voting reminders directly to each investor, ensuring that small and medium-sized investors who wish to vote can participate and cast their votes promptly. Specifically, first, additional features such as scrolling alerts will be added to investors’ personal trading terminals to ensure they are promptly informed of upcoming shareholder meetings. Second, listed companies may, at no cost, authorize the Shanghai Stock Exchange to proactively send, via smart SMS and other channels, invitations to attend shareholder meetings, along with details of agenda items, to every investor.
Going forward, the SSE will continue to actively promote mutual recognition of authentication mechanisms with telecom operators and explore ways to enable investors to cast their votes directly upon receiving smart SMS notifications, thereby realizing a “direct‑to‑information, one‑click‑to‑vote” approach for online shareholder voting. During the pilot phase, the SSE will proactively solicit feedback from market participants and the broader investor community, continuously refine the format of its online shareholder voting services, and deliver more and better services to investors.

Facilitating Small and Medium-Sized Investors’ Participation in Listed Companies’ Shareholders’ Meetings: The SSE Launches a Pilot Program for Online Voting Reminder Services.
Recently, the Shanghai Stock Exchange issued a business notice to its member institutions and listed companies, launching a pilot program for an online shareholder‑meeting voting reminder service. The notice requires member institutions to enhance the shareholder‑meeting reminder functionality in their trading client applications, ensuring that investors are promptly informed of upcoming shareholder meetings. Meanwhile, the SSE will provide an online voting reminder service, enabling listed companies to commission the exchange—free of charge—to proactively send reminders to each investor via smart SMS messages and other channels. This pilot initiative represents the SSE’s effort to implement the requirements of the new “Nine Measures” and better serve small and medium‑sized investors.

Commercial & Corporate
The State Council has taken action to rectify the government procurement market, continuing to crack down rigorously on four categories of illegal activities.
According to a July 4 announcement on the Chinese Government Website, the General Office of the State Council recently issued a notice promulgating the “Three-Year Action Plan for Rectifying Market Order, Building a Regulatory Framework, and Promoting Industrial Development in the Field of Government Procurement (2024–2026).”
The Plan calls for rectifying market order, optimizing the business environment, and carrying out sustained special campaigns to address four categories of illegal and non-compliant practices. Led by the Ministry of Finance, it seeks to establish a working mechanism featuring inter‑departmental coordination, central–local collaboration, and public participation. Focusing on four prominent issues in the government procurement sector—procurement entities imposing discriminatory or differential terms, procurement agencies charging unauthorized fees, suppliers submitting false documentation, and suppliers engaging in bid rigging or collusive bidding—the plan will launch ongoing targeted enforcement actions, publicize high‑profile cases, and thereby deter misconduct.
The Plan specifies that departmental regulations governing procurement through tendering and non‑tendering methods, information disclosure, and the handling of queries and complaints will be reviewed and refined. It also calls for elevating mechanisms such as demand management and collaborative innovation procurement to the level of departmental regulations. Gradually, a comprehensive government procurement system will be established, covering demand management, information transparency, procurement modalities, contract performance, and redress mechanisms—characterized by sound operational standards and efficient functioning. In addition, a national‑product standardization framework for government procurement will be put in place, with demand‑specific standards and standardized templates developed on a category‑by‑category basis. The Plan further stipulates that the policy of reserving at least 40% of engineering procurement contracts valued at over RMB 4 million—previously set at no less than 30%—will remain in effect until the end of 2026, applying to portions of such contracts that are suitable for provision by small and medium‑sized enterprises.

The 2024 World Artificial Intelligence Conference issued the “Shanghai Declaration on Global AI Governance.”
On July 4, the 2024 World Artificial Intelligence Conference and the High-Level Conference on Global AI Governance issued the Shanghai Declaration on Global AI Governance.
The Declaration comprises five key areas, underscoring the necessity of jointly advancing the development and application of artificial intelligence technologies while ensuring their safety, reliability, controllability, and fairness throughout the process, thereby enabling AI to contribute to the progress of human society. With regard to safeguarding AI security, the Declaration explicitly states a commitment to promoting the formulation of data protection regulations, encouraging countries to develop appropriate laws and standards tailored to their national contexts, establishing risk‑level assessment frameworks and mechanisms for reviewing scientific and technological ethics, and urging industry stakeholders to adopt more timely and agile self‑regulatory norms. These measures aim to enhance the security and reliability of AI systems and applications, prevent cyberattacks and the misuse of malicious software, and advance the development and adoption of ethical guidelines and standards for AI that enjoy broad international consensus.

The central bank has, for the first time, conducted a treasury bond borrowing operation on an open-ended, credit-based basis.
Recently, as government bond yields hit new lows, the People’s Bank of China decided to conduct government bond‑borrowing operations in the near term with selected primary dealers in the open market. According to the Shanghai Securities News, the central bank has already signed bond‑borrowing agreements with several major financial institutions, under which these institutions have hundreds of billions of yuan worth of medium- and long-term government bonds available for lending. The central bank will borrow government bonds on an indefinite basis and on a credit‑based arrangement, and will continue to borrow and sell these bonds depending on developments in the bond market.
Recently, the bond market has shown a clear upward trend, with government bond yields steadily declining. The central bank has repeatedly warned of maturity mismatches and interest-rate risks in long-term bonds, urging market participants to engage in rational trading. Experts say this move by the central bank aims to achieve full control over government bond yields.

The central bank has, for the first time, conducted a treasury bond borrowing operation on an open-ended, credit-based basis.
Recently, the General Administration of Customs website published the “Announcement on the Issuance of the ‘Customs Clearance Guidelines for the 7th China International Import Expo 2024’ and the ‘Customs Measures to Facilitate the 7th China International Import Expo 2024.’”
The “Convenience Measures” comprise eighteen articles, which stipulate the following: issuing customs clearance guidelines and providing detailed instructions; establishing a permanent liaison mechanism to respond promptly to needs; deepening the application of technology to develop an intelligent regulatory‑service model; dispatching on-site personnel to ensure service support; requiring exhibitors to provide unified tax guarantees, thereby alleviating the burden on overseas participants; conducting inspections and verifications at locations close to the venue to enhance convenience; setting up dedicated channels for priority processing of formalities; standardizing regulatory measures and extending the temporary admission period for exhibition items under the ATA Carnet system; advancing market access negotiations to broaden the range of goods eligible for import; streamlining regulatory procedures to facilitate the entry of special items; simplifying entry formalities to ease the participation of food and cosmetic products; simplifying exit procedures to streamline post‑exhibition handling of exhibition items; supporting the regular operation of bonded display and sales activities to amplify the spillover effects of trade fairs; fostering cross‑border e‑commerce and promoting the integration of online and offline channels; permitting the participation of cultural relics and exhibits and handling post‑exhibition purchase arrangements; giving priority to the inspection and issuance of relevant certificates for eligible exhibition vehicles; expanding the scope of eligible exhibits to include animal and plant products and food items that have not yet obtained quarantine clearance; and relaxing certificate‑submission requirements for certain categories of exhibited products.

The National Energy Administration has issued a document to strengthen the management and control of power‑supply safety risks during the peak summer period.
Recently, the website of the National Energy Administration released the “Notice on Further Strengthening the Management and Control of Power Safety Risks During the Peak Summer Period.”
The Notice requires all power enterprises to strictly enforce safety responsibilities, specifies that the branch institutions of the National Energy Administration must conscientiously fulfill their duties in overseeing power‑sector safety, strengthen supervision and management of grid‑related safety issues, and intensify inspections and follow‑up on unplanned unit outages and output‑restriction incidents. It further mandates that, in response to Level‑II and higher grid‑safety risks as well as county‑wide blackout risks identified in the special safety‑risk analysis report for peak‑summer operations, concrete, robust risk‑control measures be formulated and implemented on a “one station, one plan; one line, one plan” basis. Additionally, it calls for enhanced operation and maintenance of main‑grid equipment, bolstered support for critical transmission corridors, hub substations, and heavily loaded assets, and the diligent execution of routine patrols, live‑line testing, and preventive troubleshooting and defect elimination, while implementing seasonally tailored countermeasures to ensure the safe and reliable operation of all equipment.

The National Medical Products Administration has deployed measures to strengthen the management of Chinese medicinal standards.
On July 4, the National Medical Products Administration convened a meeting to discuss and deploy measures to strengthen the management of traditional Chinese medicine standards, and reviewed and approved the “Special Provisions on the Management of Traditional Chinese Medicine Standards.”
The meeting noted that Chinese medicinal material standards are mandatory technical specifications formulated or approved by drug regulatory authorities to ensure the quality of traditional Chinese medicines, serving as a crucial foundation for safeguarding their safety and efficacy. As an important tool for regulating traditional Chinese medicine, these standards play a fundamental and guiding role in regulatory work. The “Special Provisions on the Management of Chinese Medicinal Material Standards” is centered on establishing the “most rigorous standards,” setting forth provisions at both the policy and technical levels. By integrating the general requirements of pharmaceutical standard management with the unique characteristics of Chinese medicinal products, it lays out the basic principles for the research and development of such standards, specifies the detailed requirements for various types of quality standards, and addresses standard revision and implementation. The document also clarifies responsible entities and standardizes key procedural steps.

The Ministry of Education has issued the “Content Review Standards for Digital Educational Resources on the National Smart Education Platform.”
Recently, the website of the Ministry of Education published the “Notice on Issuing the ‘Content Review Standards for Digital Educational Resources on the National Smart Education Platform.’”
The “Regulations” comprise six chapters and twenty-six articles, clearly stipulating that content review shall focus on political integrity, ideological orientation, scientific soundness, practical applicability, compliance with standards, timeliness, and public benefit. Content safety is ensured through a combination of automated and manual review processes. In particular, timeliness reviews must ensure that the content aligns with current political developments and prevailing policy requirements, and is consistent with existing curriculum standards, textbook content, and guiding principles. Resource providers, after conducting individual self‑reviews of each resource, shall submit a written commitment guaranteeing the safety of the delivered content. They are required to establish in‑house content‑review teams or entrust qualified entities with content‑review capabilities to carry out such reviews. Upon delivering resources to the platform’s governing authority, resource providers must furnish records of their self‑reviews along with a written statement afofficeing the safety of the content.

The Ministry of Industry and Information Technology is conducting the selection process for exemplary cases of the application and promotion of 100 group standards in the industrial and information technology sectors for 2024.
On July 4, the website of the Ministry of Industry and Information Technology published the “Notice on Launching the Selection of Typical Cases for the Application and Promotion of 100 Industrial and Information Technology Group Standards in 2024.”
The Notice clarifies that submitted group‑standard application and promotion projects must focus on advancing the theme of new‑type industrialization, playing a proactive role in strengthening, supplementing, and extending industrial chains; bolstering emerging industries; strategically developing future‑oriented industries; upgrading traditional industries; consolidating industrial foundations; and promoting the internationalization of industries. Such projects must have been implemented and promoted for at least six months. Priority will be given to selecting group‑standard application and promotion projects that are innovative, cutting‑edge, and internationally oriented, including: (1) innovative group standards that fill gaps in national and industry standards; (2) advanced group standards whose technical specifications comprehensively exceed or are superior to existing national and industry standards; and (3) international group standards that reach world‑leading levels and concurrently advance the development of international standards.

The Ministry of Ecology and Environment plans to issue the national ecological and environmental standard, “Technical Guidelines for Evaluating Regional Ecosystem Stability.”
On July 5, the website of the Ministry of Ecology and Environment published the “Notice on Public Solicitation of Comments on the National Ecological and Environmental Standard ‘Technical Guidelines for Evaluating Regional Ecosystem Stability,’” with a deadline for submitting feedback set for July 21.
The Guidelines specify the technical procedures, evaluation indicators, assessment methods, and stability classification for evaluating the stability of regional ecosystems. They are applicable to the assessment of terrestrial ecosystem stability at the county level and above, with administrative units serving as the basic evaluation units. Other assessments of terrestrial ecosystem stability within defined geographic spatial units may also be conducted in accordance with this standard.

The Ministry of Ecology and Environment plans to issue the “Notice on Control Requirements for Eight Categories of Mercury-Containing Products, Including Mercury Vacuum Pumps, and Dental Amalgam.”
On July 5, the website of the Ministry of Ecology and Environment published the “Notice on Public Solicitation of Comments on the ‘Announcement on Control Requirements for Eight Types of Mercury-Containing Products, Including Mercury Vacuum Pumps, and Dental Amalgam (Draft for Comments)’,” with a deadline for submitting feedback set for July 15.
The Notice stipulates that, effective December 31, 2025, the production and import/export of mercury-added products—including compact fluorescent lamps, photographic film and paper, and propellants for satellites and spacecraft—shall be prohibited; the use of bulk mercury in dental procedures shall be banned; dental amalgam shall not be used in the treatment of primary teeth, nor in patients under 15 years of age, or in pregnant and lactating women, unless a dentist determines it to be necessary based on the patient’s condition; and mercury-added products whose production and import/export are prohibited under the Convention and its Amendments shall not be incorporated into assembled products. Unless otherwise specified, products intended for research, instrument calibration, or reference standards shall be exempt from the aforementioned prohibitions on production and import/export.

Shenzhen plans to issue the 2024 edition of discretionary standards for administrative penalties in the construction and transportation sectors.
Recently, the Shenzhen Municipal Transportation Bureau published on its website a notice soliciting public comments on the “Shenzhen Municipal Transportation Administrative Penalty Discretionary Standards (Construction Market, 2024 Edition).” The deadline for submitting feedback is July 31.
The “Standard” specifies a total of 116 administrative penalty items. Each type of violation is categorized into five basic discretionary tiers—minor, moderate, relatively serious, serious, and particularly serious—based on factors such as the value of the subject matter involved, the degree of fault, the methods used to commit the violation, the number of violations, and the social harm caused. For each tier, the Standard clearly sets out the “circumstances and consequences of harm,” the “discretionary criteria,” and the requirement to “order rectification.”

Significant progress has been made in the regulation of the bookkeeping agency industry! The new service platform begins its trial operation today.
On July 3, the Ministry of Finance issued the “Notice on the Launch and Operation of the National Regulatory Service Platform for the Agency Accounting Industry,” setting forth the relevant requirements.
The Notice clarifies that the regulatory service platform will enter trial operation on July 4, 2024, and will officially commence full‑scale operation on October 1. The platform will utilize the existing web address of the National Agency Accounting Institution Management System and primarily serves three user groups: fiscal authorities—including accounting management and oversight bodies—industry stakeholders—such as agency accounting offices and industry associations—and the general public. The platform comprises four functional modules: business processing, analytical early warning, industry supervision, and information disclosure. It covers a wide range of industry‑related regulatory and service matters, including administrative licensing for agency accounting offices, annual filing, industry‑wide early warnings, statistical analysis, supervisory inspections, handling of violations and penalties, and public announcements. All business‑processing procedures are fully integrated into the system, enabling users to complete their transactions entirely online. Going forward, additional features will be continuously enhanced and refined in line with evolving operational needs.

Five departments have designated 20 cities to launch pilot projects for the integrated “vehicle-road-cloud” application of intelligent connected vehicles.
On July 3, the website of the Ministry of Industry and Information Technology issued the “Notice on the Announcement of the List of Pilot Cities for the ‘Vehicle‑Road‑Cloud Integration’ Application of Intelligent Connected Vehicles,” designating 20 cities (or consortia) as pilot cities for this application.
The Ministry of Industry and Information Technology has clarified that pilot cities, under the guidance of five relevant departments and in consultation with expert input, should further refine and optimize their “vehicle‑road‑cloud integration” development plans, clearly defining the interrelationships among the vehicle, road, cloud, network, map, and security components. Based on a unified architecture and technical standards, these cities should achieve seamless interoperability among platforms such as the cloud‑control foundational platform, the urban traffic safety integrated service management platform, the traffic information management public service platform, and the urban information modeling platform, thereby breaking down data silos across sectors and regions, enabling the mutual exchange and sharing of common baseline data, and facilitating cross‑domain sharing of infrastructure, services, and platforms. The pilot program is expected to establish low‑latency, highly reliable connected‑and‑cloud‑controlled infrastructure, promote the large‑scale deployment of autonomous driving in multiple scenarios, explore new business models for the investment, construction, and operation of “vehicle‑road‑cloud integration,” and develop a unified set of standards and testing‑evaluation frameworks.

The Shanghai Municipal People’s Congress plans to revise the Regulations of Shanghai Municipality on Promoting the Development of an International Financial Center.
On July 4, the website of the Shanghai Municipal People’s Congress published the “Regulations of Shanghai Municipality on Promoting the Development of an International Financial Center (Draft Amendment),” which comprises eight chapters and sixty-four articles. The deadline for submitting comments is July 18.
The main contents of the Regulations (Draft Amendment) include: (1) improving the financial system and consolidating the foundation for high-quality financial development; (2) deepening financial reform and opening-up to strengthen the capacity for global resource allocation; (3) focusing on the “five major areas” to enhance the quality and effectiveness of financial services supporting the real economy; (4) strengthening coordinated financial regulation to improve risk prevention and resolution capabilities; and (5) bolstering the financial talent pool and optimizing the business environment for the financial sector. The key areas for public consultation this time include: 1) opinions and suggestions on further advancing work related to science-and‑technology finance, green finance, inclusive finance, elderly‑care finance, and digital finance; 2) opinions and suggestions on better leveraging financial services to support the real economy; and 3) opinions and suggestions on further improving the financial business environment, among others.

The Ministry of Industry and Information Technology has publicly announced the plan to establish the Artificial Intelligence Standardization Technical Committee.
On July 1, the website of the Ministry of Industry and Information Technology published the “Public Notice on the Establishment Plan for the Artificial Intelligence Standardization Technical Committee of the Ministry of Industry and Information Technology,” with a public notice period ending on July 30.
The Plan specifies that the Committee’s primary areas of work include: (1) in the foundational and general‑purpose domain, developing standards for AI terminology and definitions, evaluation and testing, reference architectures, and operations and maintenance; (2) in the foundational support domain, formulating standards for AI datasets, underlying hardware, and software platforms; (3) in the algorithmic model domain, establishing standards for foundational large models and industry‑specific large models; (4) in the operations and management domain, drafting standards on guidelines for the application of large AI models, application maturity, and application development management; and (5) in the security governance domain, setting standards for AI risk identification and mitigation, security governance, technological ethics, data security, and information security. Among these, the key focus areas for AI standardization encompass foundational and general‑purpose aspects, foundational support, algorithmic models, operations and management, and security governance.

The Standing Committee of the Beijing Municipal People’s Congress plans to revise the Regulations on Filing and Review of Normative Documents of People’s Congress Standing Committees at All Levels.
On July 1, the website of the Standing Committee of the Beijing Municipal People’s Congress published the “Regulations on the Filing and Review of Normative Documents by the Standing Committees of People’s Congresses at All Levels in Beijing (Draft for Soliciting Comments on Amendments),” with a deadline for submitting feedback set for July 31.
The draft amendment to the Regulations consists of 6 chapters and 45 articles, primarily aimed at strengthening the filing system, improving the review mechanism, enhancing the enforceability of corrective measures, refining safeguards and oversight, clarifying legal liabilities, and exploring innovative institutional arrangements. The Regulations specify the principal circumstances in which a document does not qualify as a normative document; delineate the reporting obligations of the drafting authorities; expand the scope of filing to include other normative documents that, by law, must be submitted to the Standing Committee of the People’s Congress for record; further clarify the specific requirements for referral for review, introduce joint review procedures, and establish a mechanism for the regular clearance of normative documents; more precisely define review priorities and set up a working mechanism for submitting requests for constitutional review to the Standing Committee of the National People’s Congress; refine provisions concerning time limits for referral for review and for proactive review, the resumption of review upon recommendation, methods of review and research, and mechanisms for handling significant issues; and add requirements regarding time limits for drafting authorities to amend or repeal problematic documents, as well as circumstances under which enforcement must be suspended, among other measures.

The Ministry of Industry and Information Technology has publicly announced the plan to establish the Brain-Computer Interface Standardization Technical Committee.
On July 1, the website of the Ministry of Industry and Information Technology published the “Public Notice on the Establishment Plan for the Brain–Computer Interface Standardization Technical Committee of the Ministry of Industry and Information Technology,” with a public notice period ending on July 30.
The Plan specifies that the Committee’s principal areas of work include: (1) developing and revising foundational, cross‑cutting standards, such as those for typical brain–computer interface paradigms; (2) formulating and updating key standards for input/output interfaces, including brain‑information acquisition and preprocessing; (3) establishing and refining critical standards for brain–computer interface data, covering encoding/decoding, data communication, and data visualization; (4) drafting and revising technical standards and testing specifications for brain–computer interface applications in fields such as healthcare, wellness, education, industry, specialized sectors, and consumer electronics; and (5) developing and updating essential ethical and safety standards related to system security, clinical use, and governance frameworks. Notably, the brain–computer interface standards framework comprises five main components: foundational and common standards, I/O interfaces, brain–computer interface data, applications, and ethics and safety.

The Ministry of Industry and Information Technology plans to draft the mandatory national standard “Safety Technical Specification for Thermal Insulation Materials Used in Buildings.”
On July 3, the website of the Ministry of Industry and Information Technology published a notice soliciting public comments on the draft plans for the development and revision of two mandatory national standards: the “Safety Technical Specification for Thermal Insulation Materials Used in Buildings” and the “Safety Technical Specification for Children’s Shoes.” The deadline for submitting feedback is August 1.

The National Medical Products Administration has released the results of the national supervisory sampling inspection of medical devices.
On July 2, the website of the National Medical Products Administration published the “Notice on the Release of Results from National Medical Device Supervisory Sampling Inspections.”
The Notice indicates that the National Medical Products Administration conducted quality‑supervision sampling inspections on three product categories—semiconductor laser therapeutic devices, medical pulse oximeters, and orthodontic wires. Seven batches (units) of products were found to be non‑compliant with relevant standards, primarily involving the following issues: (1) Three semiconductor laser therapeutic devices failed to meet standards regarding input power, the accuracy of control components and instruments, labeling, indicator lights and buttons, enclosure sealing, continuous leakage current and patient auxiliary current, as well as laser terminal output power. (2) Three medical pulse oximeters did not comply with standards related to data update cycles and signal integrity. (3) One batch of orthodontic wire was non‑compliant due to dimensional deviations from specified requirements.

The State Administration for Market Regulation has issued the “Guidelines on Reporting, Investigating, and Handling Accidents Involving Special Equipment.”
On July 4, the website of the State Administration for Market Regulation published the “Announcement on the Issuance of the Guidelines for Reporting, Investigating, and Handling Special Equipment Accidents.”
The Guidelines are formulated to standardize the reporting, investigation, handling, and statistical analysis of special equipment accidents, ensuring timeliness, scientific rigor, and accuracy. They apply to all related activities within the scope of the Regulations on the Reporting and Investigation of Special Equipment Accidents, including accident reporting, investigation, and statistical analysis. The submission of information and statistical analysis concerning special equipment‑related accidents and associated safety incidents shall be conducted in accordance with these Guidelines; investigative and handling procedures may also be carried out by reference to these Guidelines.

The Standing Committee of the Beijing Municipal People’s Congress plans to introduce the “Regulations of Beijing Municipality on Promoting the Unified Social Security Card for the Beijing–Tianjin–Hebei Region.”
On July 1, the website of the Standing Committee of the Beijing Municipal People’s Congress published the “Regulations of Beijing Municipality on Promoting the Unified Social Security Card for the Beijing–Tianjin–Hebei Region (Draft for Public Comment),” with a deadline for submitting feedback set for July 31.
The “Regulations (Draft for Public Comment)” comprises twenty-six articles, primarily clarifying the work objectives and basic principles of the Beijing–Tianjin–Hebei One‑Card system, the collaborative working mechanism and the division of governmental responsibilities, the list of application projects and their respective use cases, as well as measures to ensure service delivery. The draft places particular emphasis on specifying the One‑Card’s concrete applications in human resources and social security services, medical institutions, transportation networks, tourist attractions, museums, and libraries, while also highlighting the card’s roles as an identity credential and a financial instrument. Furthermore, the draft stipulates that, by leveraging the Beijing–Tianjin–Hebei One‑Card, efforts will be made to achieve integrated processing of additional public services and the seamless integration of the card into various social‑sector applications.

Shanghai Launches the 2024 Evaluation of Technology-Based Small and Medium-Sized Enterprises
On July 3, the Shanghai Municipal Government website published the “Notice on Conducting the 2024 Evaluation of Science-and-Technology-Based Small and Medium-Sized Enterprises in Shanghai.”
The Notice clarifies that eligible small and medium-sized enterprises, on a voluntary basis, shall log in to the High-Quality SME Tiered Cultivation Platform (https://zjtx.miit.gov.cn/) and register under the “Technology-Based SME” section, submitting relevant enterprise information and uploading supporting documents stamped with the official company seal. They must ensure that all information provided and materials submitted are accurate, truthful, lawful, and valid. Any instances of falsification will result in disqualification from this year’s evaluation and a three-year ban from participating in future evaluations. In Shanghai, the 2024 evaluation process for technology-based SMEs commenced on June 27 with platform access open; enterprise information submission closed on September 30; public announcements of all batches of enterprises proposed for inclusion were completed by October 31; centralized random inspections and related follow-up procedures for enterprises approved for inclusion were finished by December 15; and the annual evaluation work summary was finalized and submitted by December 31.

The State Administration for Market Regulation has issued the “Administrative Measures for Participation in Activities of the IEC Conformity Assessment System.”
Recently, the State Administration for Market Regulation has formulated and issued the Measures for the Administration of Participation in Activities of the IEC Conformity Assessment System, further improving the management of China’s participation in activities related to the International Electrotechnical Commission (IEC) conformity assessment system and enhancing the effectiveness of China’s engagement with the IEC conformity assessment framework.
The Administrative Measures set forth the fundamental principles and procedures for China’s accession to the IEC Conformity Assessment System, stipulate the eligibility criteria and obligations of conformity assessment bodies seeking to join the system, and delineate the specific circumstances under which conformity assessment bodies participating in the IEC Conformity Assessment System may be ordered to make corrections or have their accreditation revoked. The Measures underscore the cultivation, reserve, and selection of full-time and part-time personnel within the IEC Conformity Assessment System, and provide for performance evaluations of such personnel. Furthermore, the Measures establish clear requirements and procedures governing participation in IEC Conformity Assessment System meetings, the hosting of international conferences on the IEC Conformity Assessment System in China, as well as specific activities such as voting, submission of proposals, and notification within the system.

The “National Plan of China for Implementing the Montreal Protocol on Substances that Deplete the Ozone Layer” is slated for release.
On July 2, the website of the Ministry of Ecology and Environment published the “Letter on Public Solicitation of Comments on the National Plan for China’s Implementation of the Montreal Protocol on Substances that Deplete the Ozone Layer (2024–2030) (Draft for Comments),” with the deadline for submitting feedback set for July 22.
The National Plan comprises three main components: overarching requirements, full‑life‑cycle management, and supporting measures. Full‑life‑cycle management encompasses four areas, with a total of 11 specific items. First, strengthen source‑level control by rigorously regulating the production and sale of controlled substances. Second, enhance process‑level oversight by reinforcing the management of controlled substance use. Third, improve end‑of‑life treatment by strengthening the management of repair, recycling, reuse, and destruction. Fourth, tighten import and export controls to mitigate trade‑related risks associated with controlled substances. The overall approach is to bolster source‑level control through production management, promote green development via usage‑stage management, reinforce lifecycle‑wide supervision through end‑of‑life treatment, and safeguard against trade risks by strengthening import‑export oversight, thereby advancing the achievement of national compliance objectives.

Three departments have launched the application and recommendation process for the 2024 Manufacturing Talent Support Program.
On July 1, the website of the Ministry of Industry and Information Technology published the “Notice on Launching the Application and Recommendation Process for the 2024 Manufacturing Talent Support Program.”
The Notice specifies that the Manufacturing Talent Support Program comprises the Innovative Entrepreneurship Project, the Advanced Manufacturing Technology Talent Project, and the Advanced Basic Process Talent Project. In 2024, targeting key areas of the national industrial and information technology sectors, the program will select and support approximately 100 innovative entrepreneurs, around 300 advanced manufacturing technology professionals, and roughly 500 experts in advanced basic processes. Under the Advanced Basic Process Talent Project, selected individuals will receive financial support of RMB 250,000 per person from the central government, which will also be used to establish skill master studios.

The Ministry of Natural Resources has issued the “Several Measures for Strengthening Basic Research in the Field of Natural Resources.”
On July 2, the website of the Ministry of Natural Resources published the “Notice on Issuing the ‘Several Measures for Strengthening Basic Research in the Field of Natural Resources.’”
The “Several Measures” comprise eleven provisions: First, optimize the allocation of basic research tasks to better align with national strategic priorities. Second, strengthen foundational scientific and technological work in the field of natural resources and advance major scientific infrastructure projects. Third, enhance the sharing and utilization of scientific data and samples related to natural resources. Fourth, cultivate and nurture leading talents in basic research. Fifth, refine the evaluation and assessment mechanisms to support researchers in dedicating themselves to fundamental inquiry. Sixth, leverage the guiding role of science and technology innovation platforms. Seventh, establish a topic‑selection mechanism that combines goal‑oriented and demand‑driven approaches. Eighth, develop a networked model for research organization. Ninth, foster a research paradigm driven by needs, data, and knowledge. Tenth, actively integrate into the global network of basic research innovation. Eleventh, create diversified channels for investment involving government, enterprises, and civil society.

The National Energy Administration plans to issue Measures for the Handling of Energy Regulatory Complaints and Reports.
Recently, the website of the National Energy Administration published the “Notice on Public Solicitation of Comments on the ‘Measures for Handling Energy Regulatory Complaints (Draft for Comments)’ and the ‘Measures for Handling Energy Regulatory Reports (Draft for Comments),’” with a deadline for submitting feedback set at 30 days from the date of the notice’s publication.
Among them, the “Measures for Handling Complaints” comprises four chapters and thirty-three articles, clearly defining provisions on complaint handling and oversight, as well as the processing of appeals. The “Measures for Handling Reports” consists of seventeen articles, stipulating that the National Energy Administration has established the 12398 platform, which, through the 12398 energy regulatory hotline, WeChat official account, mobile app, email, fax, and other channels, centrally receives reports falling within the scope of the National Energy Administration’s and its dispatched agencies’ regulatory responsibilities. Report matters are handled on a jurisdictional basis, with dispatched agencies processing reports within their respective areas of jurisdiction in accordance with these Measures. If a dispatched agency deems a report to be significant, factually complex, or subject to jurisdictional disputes, it may submit the matter to the National Energy Administration for determination before proceeding with its handling.

Taxation
The European Union has imposed provisional anti-subsidy duties on Chinese electric vehicles, and China and the EU have already held multiple rounds of consultations.
On July 4, the European Commission issued a statement announcing that, effective July 5, 2024, it will impose provisional anti-subsidy duties on electric vehicles imported from China.
Three Chinese companies selected for the sample will face additional tariffs of 17.4% (BYD), 19.9% (Geely), and 37.6% (SAIC Motor), while other non‑sampled offices will be subject to either a 20.8% or a 37.6% tariff. The provisional duties will take effect on July 5, 2024, with a maximum duration of four months; during this period, EU member states will vote on whether to impose definitive tariffs. Compared with the preliminary rates disclosed earlier, the provisional rates have been slightly reduced. Detailed information on the investigation has been published in the Official Journal of the European Union.
On July 4, the Ministry of Commerce stated that China has repeatedly voiced strong opposition to the EU’s anti-subsidy investigation into Chinese electric vehicles, advocating for the proper resolution of economic and trade frictions through dialogue and consultation. On June 22, Minister Wang Wentao held a video conference with Executive Vice-President of the European Commission and Commissioner for Trade Valdis Dombrovskis. The two sides agreed to promptly launch consultations based on the twin pillars of facts and rules, with a view to appropriately addressing the case. To date, China and the EU have conducted multiple rounds of technical-level consultations. With four months remaining before the final ruling, it is hoped that the European side will work closely with China to advance the consultation process, relying on facts and rules, and swiftly reach a mutually acceptable solution.

Positive news: Five government departments are piloting a new policy on import and export tax incentives in the Shanghai Free Trade Zone.
On July 2, the Ministry of Finance website published the “Notice on Pilot Tax Policies for Temporarily Imported Goods Undergoing Repair in the China (Shanghai) Pilot Free Trade Zone,” which took effect on June 27, 2024.
The Notice clarifies that, within the customs special supervision zones of the Shanghai Free Trade Zone (including the Lingang New Area) — hereinafter referred to as the pilot zones — goods temporarily admitted from abroad for repair purposes, effective June 27, 2024, shall be subject to bonded treatment. Upon re-export, such goods shall be exempt from customs duties, value-added tax at the import stage, and consumption tax. If, instead of being re-exported, they are transferred to domestic sales, the requisite import procedures shall be followed, and import duties, import‑stage value‑added tax, and consumption tax shall be levied in accordance with applicable regulations, based on the actual declared status of the repaired goods upon inspection. The Notice further emphasizes that this policy applies solely to the Yangshan Special Comprehensive Bonded Zone, the Shanghai Pudong Airport Comprehensive Bonded Zone, the Shanghai Waigaoqiao Port Comprehensive Bonded Zone, the Shanghai Waigaoqiao Bonded Zone, as well as other customs special supervision zones within the Shanghai Free Trade Zone that have been approved by the State Council.

LITIGATION & ARBITRATION
The Supreme People’s Procuratorate has released typical cases demonstrating the implementation of the mandatory reporting system.
On July 5, the Supreme People’s Procuratorate, the Ministry of Education, the Ministry of Public Security, the Ministry of Civil Affairs, the National Health Commission, and the All-China Women’s Federation jointly released a batch of typical cases demonstrating the implementation of the mandatory reporting system.
The five typical cases released this time cover a broader range of obligated entities, underscore the critical role of grassroots government organizations in promptly identifying instances of harm to minors, and place greater emphasis on establishing long-term mechanisms. They also summarize and distill best practices adopted across regions in implementing the mandatory reporting system—such as guardianship‑related crisis intervention, protection of left‑behind children, and comprehensive assistance for victims—thereby further highlighting the importance of providing all‑round, holistic protection for minors.

The Ministry of Justice has released a guidance case on preventing drug abuse among adolescents.
Recently, the Ministry of Justice released six guiding cases on the theme of “preventing drug abuse among minors.”
The cases released this time exhibit the following key features: First, they comprehensively employ a variety of educational and rehabilitative approaches to promote the physical and psychological recovery of juvenile drug users. Second, they have pioneered a new model of exercise-based rehabilitation through progressive trampoline training. Third, they integrate compulsory isolation‑based detoxification with follow-up care, implementing end-to‑end educational and rehabilitative services. Fourth, they meticulously explore innovative methods for drug‑rehabilitation, helping voluntary clients maintain abstinence. Fifth, they are building a comprehensive anti‑drug brand to enhance the quality and effectiveness of drug‑prevention education among young people. Sixth, they have innovatively launched online live‑streaming initiatives to broaden the reach of anti‑drug awareness campaigns.

The Supreme People’s Court has released a batch of typical cases involving cross-jurisdictional enforcement by people’s courts.
On July 3, the Supreme People’s Court held a press conference to present an overview of cross-jurisdictional enforcement work by the people’s courts and to release a batch of typical cases in this area.
Since October 2023, the Supreme People’s Court has launched a pilot program for cross‑jurisdictional enforcement in courts across 19 provinces, autonomous regions, and municipalities directly under the central government. In 2024, building on the lessons learned from the pilot, the Supreme People’s Court systematically and comprehensively rolled out cross‑jurisdictional enforcement nationwide. Since the pilot began in October 2023, courts across the country have handled 72,843 cross‑jurisdictional enforcement cases, achieving substantive progress or resolving 23,119 of them, with a total amount enforced totaling RMB 39.891 billion. This batch of published typical cases comprises ten examples; by closely integrating case handling with efforts to promote development, resolve disputes, maintain stability, and manage risks, these cases have successfully achieved the goal of settling disputes, ensuring smooth governance, and fostering social harmony, earning broad recognition from relevant authorities and the parties involved.

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