In 2019, a pilot program for public fund investment advisory business was implemented when the China Securities Regulatory Commission released the Circular of the Pilot Program for Investment Advisory Business for Public Securities Investment Funds . As of March 2023, 60 institutions have been granted a pilot qualification. On June 9, 2023, the CSRC promulgated the Administrative Regulations on the Investment Advisory Business for Public Securities Investment Funds ……

On May 30, 2023, the Cyberspace Administration of China officially released the Guidelines for the Filing of Standard Contracts for Cross-border Transfer of Personal Information (Version 1) to provide guidelines for personal information processors who intend to file the Standard Contract released by the CAC with the competent authorities. The release of the China SCC Guidelines indicates that the filing of China SCC has officially commenced.