The “Greater Bay Area” (GBA) Initiative introduced in February 2019 includes a comprehensive set of new policies in the key areas of R&D, immigration, inbound foreign investment management, cross-boundary financial integration, and IP protection. The GBA Initiative is expected to generate broad business opportunities in the technology and financial services sectors for foreign businesses and investors.
This report looks into two Chinese environmental laws introduced in recent years – the Revised Environmental Protection Law and Environmental Protection Tax Law – which have introduced a number of regulatory changes.
Since mid-2018, China has pledged to introduce a series of regulatory changes in the hope of reducing market entry barriers in various financial sectors, including banking, insurance and fund management. These measures will bring many benefits for Canadian banks and insurance companies, and will also benefit Canadian pension fund/mutual fund management companies and credit rating agencies.