China Justice Observer

中司观察

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China Legal Trends

China Legal Trends

Tue, 31 Oct 2023 China Legal Trends CJO Staff Contributors Team

The Shanghai Financial Court's 2018-2023 Work Report, released in August 2023, highlights its handling of a significant number of financial cases, including securities disputes and financial contract disputes, with a total value of more than CNY1.1 trillion (USD152.19 billion), and provides insights into the court's role in the context of Shanghai's status as an international financial center.

Wed, 25 Oct 2023 China Legal Trends CJO Staff Contributors Team

In August 2023, China’s Supreme People’s Court(SPC) issued the “Guiding Opinions on Strengthening and Standardizing the Work of Elevated Jurisdiction and Retrial of Cases” (关于加强和规范案件提级管辖和再审提审工作的指导意见). According to the Guiding Opinions, the SPC has relaxed the standards for its retrial of civil and administrative cases.