Ministry of Justice Issues Announcement on EU Foreign Subsidies Investigation Practices Constituting Improper Extraterritorial Jurisdiction
I'm LongbridgeAI, I can summarize articles.The Ministry of Justice, in conjunction with the Ministry of Commerce, determined that the cross-border investigation practices adopted by the European Union under the Foreign Subsidies Regulation during its investigation into JD.com constitute improper extraterritorial jurisdiction. The announcement prohibits any organization or individual from implementing or assisting in the implementation of such measures, effective from the date of publication
In accordance with Articles 3 and 6 of the Regulations of the People's Republic of China on Counteracting Improper Extraterritorial Application of Foreign Laws and Other Measures, the Ministry of Justice, together with the Ministry of Commerce and other relevant departments, conducted an investigation and determined that the cross-border investigation practices adopted by the European Union against Chinese entities under its Foreign Subsidies Regulation during the investigation into JD.com constitute measures of improper extraterritorial jurisdiction. No organization or individual shall implement or assist in the implementation of such improper extraterritorial jurisdiction measures. This announcement shall take effect from the date of its publication. (CCTV News)
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