Introduction: A New Era of Digitalization in Chinese Travel China is set to usher in a new era of digital transformation in its transportation sector, with a landmark policy mandating the full adoption of electronic invoices (e-invoices) for railway and civil aviation travel. Effective October 1, 2025, this move signifies a pivotal step in the…
Introduction China’s tourism sector, a vibrant and increasingly significant contributor to its national economy, has experienced a remarkable resurgence in the post-pandemic era. As domestic and international travel flourishes, the market’s rapid expansion has also brought to light various challenges, including issues of consumer rights infringement, unfair competition, and the emergence of complex new business…
Introduction In a landmark move to deepen economic reforms and foster a unified national market, China has unveiled a new policy redefining “domestic products” for government procurement. The Notice on Implementing Domestic Product Standards and Related Policies in Government Procurement (Guobanfa 2025/34), released on September 28, 2025, aims to level the playing field for all…
In a landmark legislative achievement that has been decades in the making, China has fundamentally overhauled its Arbitration Law, enacting the most comprehensive reforms to its dispute resolution framework since the original law’s promulgation in 1994. Adopted by the Standing Committee of the National People’s Congress on September 12, 2025, and scheduled to take effect…
In one of the most significant legislative developments in China’s commercial law landscape this year, the Standing Committee of the National People’s Congress has enacted a comprehensive amendment to the Anti-Unfair Competition Law (AUCL), marking a watershed moment in the country’s ongoing efforts to modernize its market regulatory framework. Set to take effect on October…
Executive Summary China’s legal services market is poised for significant expansion, presenting unparalleled opportunities for foreign law firms. Projected to grow from $97.8 billion in 2024 to $133.0 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.1%, this robust growth trajectory underscores a dynamic and evolving landscape. Corporate legal services, accounting for…
1. Executive Summary China’s legal services market is undergoing a period of unprecedented growth and transformation, presenting significant opportunities for foreign law firms. Projected to expand from $97.8 billion in 2024 to $133.0 billion by 2030, at a robust compound annual growth rate (CAGR) of 5.1%, this market is driven by dynamic economic development, increasing…
I. Executive Summary China’s legal services market is currently undergoing a period of unprecedented growth and transformation, presenting significant and expanding opportunities for foreign law firms that have established, or are considering establishing, representative offices within the nation. The market is projected to expand robustly from an estimated $97.8 billion in 2024 to an impressive…
Executive Summary China’s legal services market is experiencing robust growth, presenting significant opportunities for foreign law firms. Projected to expand from $97.8 billion in 2024 to $133.0 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.1%, this dynamic landscape is particularly driven by the corporate legal services segment, which commands a 42.23%…
Executive Summary China’s legal services market is undergoing a transformative period, presenting unparalleled opportunities for foreign law firms, particularly within the corporate legal sector. Projected to grow from an estimated $97.8 billion in 2024 to a robust $133.0 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.1%, this expansion is largely fueled…