Certain enterprises, in order to obtain advantageous trading opportunities, engage in false advertising practices such as exaggerating product efficacy, fabricating sales figures, or making false claims of awards or certifications. Such conduct not only misleads consumers but also directly harms lawful rights and interests of enterprises who conduct their activities in compliance with the law. The new Anti-Unfair Competition Law, which comes into effect on October 15, 2025, introduces further refinements to the original statute in a timely manner.

Recently, Administrations for Market Regulation and banks across various regions have urgently published notices urging companies to complete their Ultimate Beneficial Owner (UBO) filing. According to the Measures for the Administration of Beneficial Ownership Information (the Measures), jointly issued and implemented by the People’s Bank of China and the State Administration for Market Regulation in 2024, companies that were registered before the Measures (i.e., before November 1, 2024) must complete their UBO filing by November 1, 2025. For these companies, the final filing deadline is now only one week away!

Shaohe Law Firm recently joined forces with the Benelux Chamber of Commerce for the fifth episode of its Intern2China Experience Series! This time, the Chamber sat down for a relaxed wrap-up chat with our Foreign Counsel Philip Lazare and Christian Loos — a participant in the Intern2China 2025 Spring Program who just finished a six-month internship at our Shanghai office.