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  • Top court issues guidelines for handling epidemic-related foreign trade disputes
    Top court issues guidelines for handling epidemic-related foreign trade disputes

    China's Supreme People's Court (SPC) has issued a set of new guidelines to deal with foreign-related commercial and maritime cases stemming from or affected by the COVID-19 epidemic. Under the fresh guidelines, parties facing difficulties due to the epidemic may apply for an extension of the time limit for submitting foreign-related certificates and evidence or filing an appeal. The guidelines stipulated that the carrier or the shipper may request the cancellation of the contract prior to the commencement of the voyage, if the contract could not be performed due to the epidemic. In terms of general carriage contract disputes, the SPC also stated that if the carrier informs the shipper in a timely manner, the carrier's exemption of liability for delay in delivery caused by the epidemic or containment measures shall be guaranteed. The guidelines is the third batch of guidelines issued by the SPC regarding civil disputes related to the COVID-19 epidemic.

  • Implementing the Opinion of the General Office of the Chinese State Council on Promoting the Innovative Development of Foreign Trade
    Implementing the Opinion of the General Office of the Chinese State Council on Promoting the Innovative Development of Foreign Trade

    In order to implement the decisions and arrangements of the Chinese State Council on promoting high-quality development of foreign trade, hereby put forward the following opinion on Promoting the Innovative Development of Foreign Trade. The Opinion points out that China shall adhere to new development concepts and the supply-side structural reform as the main line, unswervingly expand opening -up, stabilize the basic foreign trade and foreign investment, stabilize the industrial chain and supply chain, and further deepen scientific and technological innovation, institutional innovation, model and business innovation. Centering on the establishment of a new development pattern characterized by domestic macro-circulation and mutual promotion of domestic and international double circulation, accelerate the promotion of "five optimizations" in respect of international market layout, domestic regional layout, business entities, commodity structure and trade mode as well as foreign trade transformation and upgrading bases, trade promotion platforms and international marketing systems, cultivate new advantages in participating in international cooperation and competition under the new situation, and achieve the innovative development of foreign trade.

  • Chinese New Policies Foster Growth of Foreign Trade
    Chinese New Policies Foster Growth of Foreign Trade

    The central government has unveiled a package of measures to spur the growth of foreign trade. The measures were laid out in a guideline issued by the General Office of the State Council, China's Cabinet, on Nov 9 in a bid to promote the high-quality and innovative development of the foreign trade sector. Key policies include offering businesses support in the utilization of technologies such as fifth-generation communication technology, virtual reality and big data to exhibit their products and conduct business consultations online, and fostering businesses with global competitiveness in the telecommunications, power grid, engineering machinery and railway sectors. The latest measures seek to add new impetus to the sector with innovative business models, offering fresh incentives to the growth of cross-border e-commerce and giving strong emphasis to the development of digital trade.

Biz Express

  • 未标题-2
    The application of management system of Negative List in foreign-funded enterprise establishment
  • China-auto-sales-surge-in-July
    China auto sales surge in July

    A brief summary on the statistics of the auto sales in July

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