China issues new rules on overseas investment.
Today's events
Overseas-investment rules.
The State Council issued a national regulation on overseas investment, effective July 1; investors decide and bear risk themselves while the state guards sovereignty.1May 5 · State CouncilTrade-secret rules.
New Trade Secret Protection Provisions took effect June 1, targeting secret-stealing job-hops and poaching, with priority enforcement for biotech, chip, and AI firms.2Jun 1 · Market RegulatorFactory activity stalls.
The May manufacturing purchasing-managers' index fell to 50.0, the no-growth line, as new orders shrank and small firms weakened.3May 31 · Stats BureauCultural confidence.
A Qiushi essay marking three years of Xi Jinping Thought on Culture cast cultural revival as a strategic pillar of Chinese-style modernization.4Jun 2 · QiushiSocial-media age limit.
National legislature deputies urged a statutory minimum age for minors on social media, shifting online protection from after-the-fact policing to up-front prevention.5Jun 2 · NPCUrban-renewal plan.
The State Council released its 2026–2030 urban-renewal plan, pushing redevelopment of aging districts and a “new model” for real estate over demolition-and-build sprawl.6May 22 · State CouncilXinjiang official expelled.
Jin Zhizhen, former vice-chair of Xinjiang's top political-advisory body, was expelled from the Party and public office for bribery and abuse of power.7May 7 · CCDIGreen-growth discipline.
A Qiushi commentary warned cadres against trading the environment for short-term growth, tying correct performance metrics to the 2030/2060 carbon goals.8Jun 2 · QiushiChina–Brazil dialogue.
Foreign Minister Wang Yi and Brazil's Vieira held their fifth strategic dialogue, vowing to deepen “shared future” ties and Global South coordination.9Jun 1 · Foreign Ministry
Voices
“Carry forward the historical and cultural bloodline; compose the magnificent chapter of our era.”
Xi Jinping, cultural-inheritance symposium · Jun 2, 20234
“China and Brazil should form greater synergy for the self-strengthening of the Global South and provide more precious certainty to a turbulent world.”
Foreign Minister Wang Yi · Jun 19
“We will crack down hard on practices such as job-hopping with trade secrets and the malicious poaching of talent.”
State Administration for Market Regulation · Jun 22
“It is necessary to legislate a minimum age for minors to use social media, lowering at the institutional level their exposure to high-risk online environments.”
NPC Deputy Shuang Shaomin · Jun 25
“To pursue ‘advance’ without ‘stability’ risks the error of trading short-term growth for the cost of the environment.”
Qiushi commentary · Jun 28
“Overseas investment must uphold the basic state policy of opening up, balance development and security, and safeguard national sovereignty, security and development interests.”
Regulations on Overseas Investment · May 51
Sources
- State Council (gov.cn), “Regulations of the State Council on Overseas Investment” (Order No. 837), dated May 5, 2026; effective July 1, 2026. gov.cn/zhengce/…/content_7070755
- Market Regulator (SAMR), “Trade Secret Protection Provisions take effect June 1,” June 2, 2026. samr.gov.cn/xw/mtjj/…/trade-secret-provisions
- National Bureau of Statistics, “China Purchasing Managers' Index for May 2026,” May 31, 2026. stats.gov.cn/sj/zxfb/…/may-pmi
- Qiushi, “Xi Jinping Thought on Culture Leads a New Chapter in Cultural Inheritance and Development,” June 2, 2026. qstheory.cn/20260602/…/cultural-inheritance
- National People's Congress, “Improve the Law to Set a Minimum Age for Using Social Media,” June 2, 2026. npc.gov.cn/c2/c30834/…/social-media-age
- State Council (gov.cn), “Notice on Issuing the Urban Renewal 15th Five-Year Plan” (Guo Fa [2026] No. 12), May 22, 2026. gov.cn/zhengce/…/urban-renewal-plan
- CCDI / People's Daily, “Jin Zhizhen, Former Vice-Chair of the Xinjiang CPPCC, Expelled from the Party and Public Office,” May 7, 2026. fanfu.people.com.cn/…/jin-zhizhen
- Qiushi, “Establishing and Practicing a Correct View of Performance in Ecological-Civilization Construction,” June 2, 2026. qstheory.cn/20260602/…/ecological-civilization
- State Council (gov.cn), “Wang Yi Holds the Fifth China-Brazil Ministerial Comprehensive Strategic Dialogue with Vieira,” June 1, 2026. gov.cn/yaowen/…/china-brazil-dialogue