Legal Updates for April 2020

Measures to Support Enterprises Affected by COVID-19 Pandemic in China

The COVID-19 pandemic has caused significant disruption to the business and operation of many enterprises in China. In order to help enterprises (especially SMEs) that are affected by the pandemic relieve their burden and overcome the difficulties during this period, the central government of China has released temporary policies, reliefs and guidelines. The ministries of the central government and the local governments have also issued temporary policies and reliefs in accordance with the guidelines issued by the central government.  

This Update discusses the key measures implemented by the central government to support enterprises amidst the pandemic.