China Legal Newsletter - October 2024
This newsletter highlights key recent developments in China’s laws and regulations. Specifically, it focuses on the laws and regulations related to foreign investment, market access, foreign debt administration, data economy, privacy and cybersecurity, labor and employment, life sciences and healthcare, as well as other topics.China sets new rules on security vulnerability of network products
China’s Ministry of Industry and Information Technology (MIIT), Cybersecurity Administration of China (CAC) and Ministry of Public Security (MPS) jointly published the Provisions on Administration of Security Vulnerability of Network Products (Provisions), which will be in force as of September 1, 2021. The Provisions have established rules for the detection, collection, publication and other activities in relation to the security vulnerability of network products.China to enhance cybersecurity review measures
A few days ago, Cyber Administration of China (CAC) has shaken the online business sector with the cybersecurity review on Didi (world’s biggest online ride-hailing company) and other three online business companies to prevent data security risks, citing the Cybersecurity Review Measures.