April 14, 2025 - We are pleased to announce the release of the 2025 edition of Baker McKenzie FenXun's Doing Business in China Guide.
This guide provides an introduction to selected aspects relating to investment and business operations in China under current Chinese laws and policy, including a summary of important areas of concern to all investors in China: foreign direct investments, M&A, data privacy, antitrust and competition, taxation, employment, intellectual property protection, trade and import and export rules, financial services, as well as anti-bribery compliance and dispute resolution issues.
The 2025 edition covers several significant updates, including but not limited to:
- The reinstatement of the 5-year term for capital injection under the Foreign Investment Law
- Stricter interpretations of employment contract laws by Shanghai courts and the integration of work permits with social security cards
- Enhanced penalties for anti-bribery compliance
- The succession of CBIRC by NFRA with a focus on fintech innovation pilot cities
- Updates on data privacy laws emphasizing the extraterritorial application of the Personal Information Protection Law (PIPL), Data Security Law (DSL), and Cybersecurity Law (CSL)