Tag: Anti–Money Laundering Law

NPCSC Session Watch: Fiscal Stimulus(?), People’s Congress Reforms, Energy, Arbitration, Maritime Law & Sci-Tech Popularization

UPDATE (Nov. 11, 2024): On November 8, the NPCSC adopted the Preschool Education Law (effective June 1, 2025) and the Energy Law (effective Jan. 1, 2025); revised the Cultural Relics Protection Law (effective Mar. 1, 2025), Mineral Resources Law (effective July 1, 2025), and Anti–Money Laundering Law (effective Jan. 1, 2025); and amended the Oversight Law (effective immediately). It also extended the pilot program to suspend two provisions of the Metrology Law in six cities for three years, and approved an increase in local government debt limits to repay hidden debt.

UPDATE (Nov. 4, 2024): According to the readout of the session’s opening meeting, the NPCSC is also reviewing a bill submitted by the State Council to “increase the local government debt limit to swap existing hidden debt,” which it is expected to approve on November 8. The NPCSC may be reviewing additional, as-yet undisclosed fiscal measures. In addition, the readout shows that the NPCSC is expected to approve the draft Oversight Law amendment at this session.

Photo by David Grant/Flickr. CC BY-NC 2.0.

China’s top legislature, the 14th NPC Standing Committee (NPCSC), will convene for its twelfth session from November 4 to 8, the Council of Chairpersons decided on Friday, October 25. This session should have been held in late October, but has been postponed for reasons unknown. Two bills that the NPCSC recently discussed at its previous session—which was itself postponed—will return for further review, so the legislature might have needed additional time to prepare new drafts. Or the delay might have been necessary to place a highly anticipated stimulus package on the agenda, though the readout of the Council’s meeting disclosed no such bill. But that is not the end of the story, as we will explain shortly. According to the Council’s proposed agenda, the session will consider 11 legislative bills, which we also preview below.

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NPCSC Session Watch: Anti-Corruption, Defense Education, Public Health Emergency, Government Debt, National Parks & State Honors

UPDATE (Sept. 13, 2024): On Friday, September 13, the NPCSC revised the National Defense Education Law (effective Sept. 21, 2024) and amended the Statistics Law (effective immediately), while releasing six other bills for public comment through October 12. The NPCSC also adopted a decision conferring state honors on various individuals to mark the PRC’s 70th anniversary and a decision on gradually raising the statutory retirement ages (effective Jan. 1, 2025).

UPDATE (Sept. 10, 2024): According to the official readout of the NPCSC’s meeting on September 10, it is also considering a draft decision, submitted by the State Council, to “gradually raise the statutory retirement ages.” The readout has not offered any other information about the bill, which we expect to pass on Friday.

Aerial view of the former Hoh Xil Nature Reserve, now part of the Three-River-Source National Park in Qinghai. Photo by Michael Wong/Flickr, CC BY-NC 2.0.

China’s top legislature, the 14th NPC Standing Committee (NPCSC), will convene for its eleventh session from September 10 to 13, the Council of Chairpersons decided on Tuesday, August 27. The session will consider eight legislative bills, according to the Council’s proposed agenda. The session will also adopt a decision to confer state honors on a slate of individuals nominated by the Communist Party to mark the 75th anniversary of the People’s Republic on October 1. The legislature likely has delayed its typical August session to mid-September to announce the conferral decision closer to the National Day holiday. (Five years ago, it held a special session on September 17 for that very purpose.) Lastly, the session will hear a few reports that might be of interest. We preview these agenda items below.

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NPCSC Session Watch: National Defense Education, (Atomic) Energy, Anti–Money Laundering & Official Statistics

UPDATE (Apr. 26, 2024): On April 26, 2024, the NPCSC approved the Academic Degrees Law (effective Jan. 1, 2025) and the Tariff Law (effective Dec. 1, 2024). It also adopted the amendments to the Agricultural Technology Popularization Law, Minors Protection Law, and Biosecurity Law. For reasons unknown, the State Council’s request for an authorization to pilot reforms of the Food Safety Law in the Hainan Free Trade Port was not put to a vote.

Wind farm in Shanxi. Photo by Hahaheditor12667 (cropped). CC BY-SA 4.0.

China’s top legislature, the 14th NPC Standing Committee (NPCSC), will convene for its ninth session from April 23 to 26, the Council of Chairpersons decided on Tuesday, April 16. The Council proposed an agenda with ten legislative bills, which we preview below. It also approved the NPCSC’s 2024 work priorities as well as 2024 plans for legislative, oversight, and delegates-related work, which we expect will be released after the upcoming session.

Continue reading “NPCSC Session Watch: National Defense Education, (Atomic) Energy, Anti–Money Laundering & Official Statistics” →