NPC Calendar: July 2024

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Here is our recap of NPC-related events in July 2024 at our monthly newsletter.

The revised Company Law [公司法] (adopted on Dec. 29, 2023) and the amendment to the Accounting Law [会计法] (adopted on June 28, 2024) take effect on July 1.

The NPC Standing Committee (NPCSC) is seeking public comment on the following bills through July 27:

• draft revision to the Mineral Resources Law [矿产资源法];
• draft revision to the Cultural Relics Protection Law [文物保护法];
• draft revision to the Public Security Administration Punishments Law [治安管理处罚法];
• draft Preschool Education Law [学前教育法]; and
• draft Financial Stability Law [金融稳定法].

The Communist Party’s 20^th Central Committee will convene for its third plenum from July 15 to 18. The plenum is expected to approve a Decision on Further Comprehensively Deepening Reform and Advancing Chinese-Style Modernization [关于进一步全面深化改革、推进中国式现代化的决定], which may outline new NPC reforms.

The NPCSC’s April 29, 2021 decision (zh | en) authorizing the State Council to temporarily suspend or relax certain regulatory requirements in seven laws¹ within China’s free trade zones expires on July 1.

The NPCSC will convene for its next regularly scheduled session in late August.

1. The Private Education Promotion Law [民办教育促进法], Accounting Law [会计法], Certified Public Accountants Law [注册会计师法], Auction Law [拍卖法], Banking Supervision and Administration Law [银行业监督管理法], Commercial Banks Law [商业银行法], and Insurance Law [保险法]. ↩︎