CN
CN
Focus
Measures for Supervision and Administration of Online Sales of Drugs: Analysis of Key Aspects and Impacts
Fast-growing e-commerce has changed lifestyles and invented new ways of consumption, amid which demand has rapidly increased for Internet-based medical services such as online drug sales and online medical diagnosis. Since the regulation and promotion of "Internet-based healthcare services" was included as part of the Outline of the "Healthy China 2030" Plan, China's Internet healthcare industry has been flourishing, channeled by a series of favorable policy decisions. In the meantime, buoyed by a boom in Internet hospitals and online diagnosis and treatment services, as well as a boost in prescription outflows and volume-based procurement of drugs, the online drug sales market is expected to expand unabated.
View More
CSRC to Exempt Foreign Investors from Short Swing Profit Rule
According to news reports issued on October 16, 2022, to further facilitate foreign capital investment in China A shares, the China Securities Regulatory Commission ("CSRC") is considering formulating a special exemption rule for the short swing profit rule ("SSPR")[1] for foreign investors (e.g. qualified foreign investors/QFIs and foreign investors under the Stock Connect scheme).
View More
A Brief Overview of the Draft Amendment to the Cybersecurity Law
On September 14, 2022, the Cyberspace Administration of China (the "CAC") released an exposure draft of the Decision on Amending the Cybersecurity Law of the People's Republic of China (Draft for Comment) (the "Draft"). In general, the Draft would impose more stringent legal liabilities for certain violations of the Cybersecurity Law (the "CSL") and systematically consolidate and unify penalties for violating security protection obligations relating to network operations, network information, critical information infrastructure ("CII"), and personal information. The Draft would also coordinate with the Personal Information Protection Law (the "PIPL"), the Data Security Law, and other new laws. We briefly summarize the key points of the Draft below.
View More
Han Kun
Send regular emails covering market and industry trends.
Subscribe