It is forbidden to "kill ripe with big data" and regulate "automatic renewal", and operators should stop collecting advance payments if they have major business risks
The Regulations for the Implementation of the Law of the People's Republic of China on the Protection of Consumer Rights and Interests will come into force on July 1, 2024. The "Regulations" supplement the relevant obligations of business operators on the protection of the rights and interests of consumers of the elderly and minors; It stipulates that business operators must not use technical means to compel or covertly compel consumers to purchase goods or receive services; Where proprietors provide services by means such as automatic extension or automatic renewal, they shall draw consumers' attention in a conspicuous manner before consumers accept the services and before the date of automatic extension or automatic renewal; Where goods or services are not provided as agreed, the agreement shall be performed or the advance payment shall be refunded in accordance with the consumer's requirements; Where business operators have major business risks that might affect the normal provision of goods or services by business operators in accordance with contract agreements or transaction habits, they shall stop collecting advance payments.
Read more about >>
Li Qiang signed an order of the State Council to promulgate the "Regulations on the Implementation of the Law of the People's Republic of China on the Protection of Consumer Rights and Interests"
It is a matter of "buying, buying, buying", and multiple departments respond to consumer rights issues
The new Company Law improves the subscription registration system for limited liability companies
The newly revised Company Law of the People's Republic of China will come into force on July 1, 2024. The newly revised Company Law has improved the subscription registration system for limited liability companies, clarifying that the capital contribution subscribed by all shareholders shall be paid in full by the shareholders within five years from the date of establishment of the company in accordance with the provisions of the company's articles of association; At the same time, if a company registered and established before the implementation of the new Company Law has a capital contribution period that exceeds the time limit specified in this Law, it shall be gradually adjusted to within the time limit specified in this Law, unless otherwise provided by laws, administrative regulations or the State Council; If the term and amount of capital contribution are obviously abnormal, the company registration authority may require them to adjust them in a timely manner in accordance with the law.
Read more about >>
Company Law of the People's Republic of China
Optimize the test subjects for re-application of driver's licenses and the electronic ...... of pilot motor vehicle driving licenses Public security traffic management 8 new measures to facilitate the people and benefit enterprises
The Ministry of Public Security has formulated and introduced 8 new measures for the reform of public security traffic management to facilitate the people and benefit enterprises, which will be implemented from July 1, 2024, among them, the electronic driving license and express door-to-door service will be piloted on July 1. Specifically, it includes: (1) the pilot electronic motor vehicle driving license. On the basis of the full realization of the electronic motor vehicle inspection mark and driver's license, the electronic motor vehicle driving license will be implemented in 60 cities such as Beijing and Tianjin. (2) Implement the "one-pass service" for motorcycle registration. (3) Facilitate the masses to go through the car cancellation procedures online. (4) Implement express door-to-door service to facilitate the masses. (5) Optimize the test subjects for re-application for driver's license. (6) Optimize the organization of non-motorized vehicle traffic at urban intersections. (7) Implement online precise guidance services for traffic management business. (8) Launched the "Traffic Management 12123" APP unit user version.
Read more about >>
Authoritative release | The Ministry of Public Security has launched 8 new measures for the reform of public security traffic management to facilitate the people and benefit enterprises to better serve the masses and have good transportation
New Zealand, Australia, and Poland have been granted visa-free policies on a trial basis
In order to further promote people-to-people exchanges between China and foreign countries, China has decided to expand the scope of visa-free countries and implement a visa-free policy for holders of ordinary passports from three countries: New Zealand, Australia and Poland. During the period from July 1, 2024 to December 31, 2025, holders of ordinary passports from the above-mentioned countries can enter China without a visa for business, tourism, visiting relatives and friends, and transiting for no more than 15 days. Those from the above-mentioned countries who do not meet the conditions for visa exemption still need to apply for a visa to China before entering the country.
Read more about >>
Notice of China's trial implementation of visa-free policy for three countries including New Zealand
Which energy-saving and new energy vehicles can enjoy vehicle and vessel tax incentives? The three departments adjust the technical requirements
The Ministry of Industry and Information Technology, the Ministry of Finance, the State Administration of Taxation and other three departments jointly issued the "Announcement on Adjusting the Technical Requirements for Energy-saving New Energy Vehicle Products Enjoying Preferential Vehicle and Vessel Tax" to adjust the technical requirements for energy-saving and new energy vehicle products enjoying preferential Vehicle and Vessel Tax. The announcement will be implemented from July 1, 2024.
Among them, in terms of new energy vehicle products, the pure electric driving mileage of plug-in hybrid passenger cars (including extended range) passenger cars should meet the conditional equivalent all-electric mileage of not less than 43 kilometers. The driving range of pure electric buses (excluding fast-charging pure electric buses) shall not be less than 200 kilometers. The pure electric driving range of plug-in hybrid (including extended range) buses shall not be less than 50 kilometers. The driving range of pure electric trucks shall not be less than 80 kilometers. Plug-in hybrid trucks (including range extenders) have a pure electric driving range of not less than 50 km. In terms of fuel cell commercial vehicles, the driving range of pure hydrogen is not less than 300 kilometers. The policy also stipulates other technical requirements.
Read more about >>
The Ministry of Industry and Information Technology and other three departments have adjusted the technical requirements for energy-saving and new energy vehicle products that enjoy preferential vehicle and vessel tax
Reasonably broaden the scope of the purpose of fixed asset loans and working capital loans and the scope of loan objects
The State Administration of Financial Supervision revised and promulgated the Measures for the Administration of Fixed Asset Loans, the Measures for the Administration of Working Capital Loans, and the Measures for the Administration of Personal Loans, which will come into force on July 1, 2024. The key contents of the revision include: First, reasonably broaden the purpose and scope of loan objects for fixed asset loans and working capital loans, optimize the calculation requirements for working capital loans, and meet the actual needs of the credit market. The second is to adjust and optimize the standard of entrusted payment amount, appropriately extend the time limit requirements for entrusted payment, and improve the flexibility of entrusted payment. Third, in combination with the online needs of credit processing, we should clarify the forms of handling such as video interviews and off-site investigations, and adapt to new financing scenarios. Fourth, it is necessary to clarify the requirements for loan terms, guide commercial banks to effectively prevent the risk of loan term mismatch, and further optimize the loan structure. Fifth, we will further strengthen credit risk management and control, and promote commercial banks to improve the standardization of credit management. Sixth, the "Provisions on the Administration of Project Financing Business" will be included in the "Measures for the Administration of Fixed Asset Loans" as a special chapter.
Read more about >>
The State Administration of Financial Supervision and Administration promulgated the Measures for the Administration of Fixed Asset Loans, the Measures for the Administration of Working Capital Loans, and the Measures for the Administration of Personal Loans
Discharge of industrial solid waste, noise and other pollutants need to be "licensed"
The Ministry of Ecology and Environment (MEE) has revised and promulgated the Measures for the Administration of Pollutant Discharge Permits, which will come into force on July 1, 2024. The "Management Measures" highlight the full coverage of pollutant dischargers, environmental management elements, and pollutant discharge management, and clearly implement comprehensive permit management for the discharge of air pollutants, water pollutants, industrial solid waste, industrial noise and other pollutants by pollutant dischargers. Fully implement the requirements of relevant laws, regulations, and standards, and include multiple environmental elements such as air, water, solid waste, and noise, as well as the requirements of key soil pollution supervision units for the control of the discharge of toxic and harmful substances, the investigation of potential soil pollution hazards, and self-monitoring, into pollutant discharge permits in accordance with law, and promote the "one-permit" management of fixed pollution sources.
Read more about >>
The Ministry of Ecology and Environment recently revised and issued the Measures for the Administration of Pollutant Discharge Permits
A party or government organ may open a maximum of one web portal
The Office of the Central Cyber Security and Information Commission and other four departments have drafted and issued the "Provisions on the Security Management of Internet Government Affairs Applications", which will take effect on July 1, 2024. The provisions require that the construction and operation of internet government affairs applications shall be in accordance with the provisions of relevant laws and administrative regulations, as well as the mandatory requirements of national standards, and employ technical measures and other necessary measures to prevent risks such as content tampering, paralysis caused by attacks, and data theft, and ensure the safe and stable operation of internet government affairs applications and data security. The regulations require that a party or government organ open a maximum of one web portal. Where other names are used, in principle, the naming method of adding the name of the region plus the name of the responsibility is to be adopted, and the name of the entity is to be indicated in a conspicuous position.
Read more about >>
Provisions on the Security Management of Internet Government Affairs Applications
Further strengthen the management of securities transaction costs of public funds, and protect the legitimate rights and interests of fund share holders
The China Securities Regulatory Commission (CSRC) formulated and promulgated the Regulations on the Administration of Securities Transaction Costs of Publicly Offered Securities Investment Funds, which will be officially implemented from July 1, 2024. There are 19 articles in the "Provisions", and the main content is four aspects: first, reduce the commission rate of fund stock transactions; the second is to reduce the upper limit of the distribution ratio of fund managers' securities trading commissions; Third, comprehensively strengthen the relevant compliance and internal control requirements of fund managers and securities companies; Fourth, clarify the content and requirements for the disclosure of transaction commission information at the fund manager level. The China Securities Regulatory Commission (CSRC) will organize industry institutions to complete the adjustment of the commission rate for initial stock transactions by July 1, 2024.
Read more about >>
The China Securities Regulatory Commission formulated and promulgated the Regulations on the Administration of Securities Transaction Costs of Publicly Offered Securities Investment Funds
Further improve the rules for the supervision of operational risks of banking and insurance institutions
The State Administration of Financial Supervision and Administration revised and promulgated the Measures for the Management of Operational Risk of Banking and Insurance Institutions, which will come into force on July 1, 2024. The Measures clarify the responsibilities of the board of directors, supervisors (boards) and senior management, define the specific scope and responsibilities of the three lines of defense, and consolidate the operational risk management responsibilities of branches and subsidiaries. The Measures stipulate the basic requirements for operational risk control and mitigation measures such as internal control, business continuity management, network security, data security, and business outsourcing management, establish a reporting mechanism for operational risk situations and major operational risk events, and apply three basic management tools and new tools, such as the operational risk loss database.
Read more about >>
The State Administration of Financial Supervision and Administration revised and promulgated the Measures for the Management of Operational Risk of Banking and Insurance Institutions
Clarify the basic requirements for the registration of the electricity market, and the trading entities entering or exiting the electricity market shall go through the registration or cancellation procedures, and strictly implement the market rules
The National Development and Reform Commission (NDRC) issued the Basic Rules for the Operation of the Electricity Market, which will come into force on July 1, 2024, to accelerate the construction of a unified national electricity market system. The rules adjust the expressions on the scope of the market, operating institutions, and trading entities, and improve the expressions on market members and types of market transactions. Clarify the basic requirements for the registration of the electricity market, and the power trading institution is responsible for establishing the market registration system, and is responsible for registration management, registration review and publication, and submission to government departments for filing; Trading entities entering or exiting the electricity market shall go through registration or cancellation procedures, and strictly implement market rules。
Read more about >>
Decree No. 19 of the National Development and Reform Commission of the People's Republic of China
Decree No. 20 of the National Development and Reform Commission of the People's Republic of China
There are new policies for the filing and approval of foreign contracted projects
The Ministry of Commerce promulgated the Administrative Measures for the Filing and Approval of Foreign Contracted Projects, which will come into force on July 1, 2024. The "Administrative Measures" stipulate that enterprises shall register enterprise information through the foreign contracting project management system of the unified platform of the business system of the Ministry of Commerce, handle the filing and approval of engineering projects, and report the follow-up development of the project. Enterprises can submit relevant materials online when handling relevant business, and print the receipt of filing and project approval online. The "Administrative Measures" stipulate that for the filing of general projects, enterprises should fill in the filing form online before bidding or signing a contract with external bidding. After the competent department of commerce accepts the filing form, the enterprise can print the filing receipt within 3 working days. The enterprise shall be responsible for the authenticity, accuracy and completeness of the filing information.
Read more about >>
The person in charge of the Department of Foreign Investment and Economic Cooperation of the Ministry of Commerce interprets the Administrative Measures for the Filing and Approval of Foreign Contracted Projects
Source: "Chinese Government Network" WeChat public account
Editor-in-charge: Wen Juan
Honghe State Rong Media Center
Legal Counsel: Yunnan Lingyun (Honghe) Law Firm
Phone: 0873-3990877
Address: 3rd floor shop, No. 301, Building 2, Fenghua Modern City Community, Mengzi City, Honghe Prefecture
Statement: Please indicate the source of Yunnan Honghe release (hhrb_hh)!