The Doing Business Guide for China 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)
Baker & McKenzie FenXun (FTZ) Joint Operation Office is a joint operation between Baker & McKenzie LLP, an Illinois limited liability partnership, and FenXun Partners, a Chinese law firm. The Joint Operation has been approved by the Shanghai Justice Bureau.