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You may also find interested in:Hot off the Press! Measures on Safety of Importing FoodCan my Ex-employer Use my Portrait in Marketing Material? Anti-foreign Sanctions Law of the PRC
The Standing Committee of the 13th National People's Congress passed the Law against Foreign Sanctions  on June 10, 2021, with immediate effect. The highlights are as follows: 2021610
* Where any foreign country, in violation of international laws and basic norms governing international relations, uses various excuses or pursuant to its own laws to contain and suppress China, adopts discriminatory and restrictive measures against Chinese citizens and organizations or interferes in China's internal affairs, China has the right to take corresponding countermeasures.
* The relevant departments of the State Council may decide to include in the Countermeasures List the individuals and organizations that have directly or indirectly participated in the formulation, decision on or implementation of discriminatory restrictive measures stipulated in Article 3 hereof.
* In addition to the individuals and organizations included in the Countermeasures List in accordance with Article 4 hereof, the relevant departments of the State Council may also decide to take countermeasures against the following individuals and organizations:(I) The spouse and lineal relatives of the individuals included in the Countermeasures List;(II)Senior executives or actual controllers of the organizations included in the Countermeasures List;(III) Organizations that have individuals included in the Countermeasures List acting as senior executives; and(IV) Organizations which are actually controlled by individuals or organizations that are included in the Countermeasures List or have participated in the establishment and operation thereof.
* The relevant departments of the State Council may, in light of their respective responsibilities and tasks, decide to take one or more of the following measures against the individuals and organizations specified  hereof in light of the actual situation:(I) Denial of visa issuance, denial of entry, deregistration of visa or deportation;(II) Seizure, distraining or freezing of movable property, immovable property and other types of property within the territory of China;(III) Prohibiting or restricting the organizations or individuals within the territory of China from conducting relevant transactions, cooperation or other activities with them; and(IV) Other necessary measures.
For more information please visit xinhuanetLaw on Hainan Free Trade Port 
The Standing Committee of the 13th National People's Congress voted to pass the Law on Hainan Free Trade Port on June 10, 2021. The Law comes into effect from the date of its promulgation. 2021610
According to the Lawthe Port to apply the policy of investment liberalization and facilitation by comprehensively advancing the implementation of the most-simplified approval and investment procedures, improving the investment promotion and protection system, strengthening the protection of property rights, guaranteeing fair competition, and creating an open, transparent and predictable investment environment.


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Hot off the Press! Anti-foreign Sanctions Law of the PRC

Click LegalTips

to follow us

You may also find interested in:Hot off the Press! Measures on Safety of Importing FoodCan my Ex-employer Use my Portrait in Marketing Material? Anti-foreign Sanctions Law of the PRC
The Standing Committee of the 13th National People's Congress passed the Law against Foreign Sanctions  on June 10, 2021, with immediate effect. The highlights are as follows: 2021610
* Where any foreign country, in violation of international laws and basic norms governing international relations, uses various excuses or pursuant to its own laws to contain and suppress China, adopts discriminatory and restrictive measures against Chinese citizens and organizations or interferes in China's internal affairs, China has the right to take corresponding countermeasures.
* The relevant departments of the State Council may decide to include in the Countermeasures List the individuals and organizations that have directly or indirectly participated in the formulation, decision on or implementation of discriminatory restrictive measures stipulated in Article 3 hereof.
* In addition to the individuals and organizations included in the Countermeasures List in accordance with Article 4 hereof, the relevant departments of the State Council may also decide to take countermeasures against the following individuals and organizations:(I) The spouse and lineal relatives of the individuals included in the Countermeasures List;(II)Senior executives or actual controllers of the organizations included in the Countermeasures List;(III) Organizations that have individuals included in the Countermeasures List acting as senior executives; and(IV) Organizations which are actually controlled by individuals or organizations that are included in the Countermeasures List or have participated in the establishment and operation thereof.
* The relevant departments of the State Council may, in light of their respective responsibilities and tasks, decide to take one or more of the following measures against the individuals and organizations specified  hereof in light of the actual situation:(I) Denial of visa issuance, denial of entry, deregistration of visa or deportation;(II) Seizure, distraining or freezing of movable property, immovable property and other types of property within the territory of China;(III) Prohibiting or restricting the organizations or individuals within the territory of China from conducting relevant transactions, cooperation or other activities with them; and(IV) Other necessary measures.
For more information please visit xinhuanetLaw on Hainan Free Trade Port 
The Standing Committee of the 13th National People's Congress voted to pass the Law on Hainan Free Trade Port on June 10, 2021. The Law comes into effect from the date of its promulgation. 2021610
According to the Lawthe Port to apply the policy of investment liberalization and facilitation by comprehensively advancing the implementation of the most-simplified approval and investment procedures, improving the investment promotion and protection system, strengthening the protection of property rights, guaranteeing fair competition, and creating an open, transparent and predictable investment environment.


Tap "Read More" to visit our website

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