NEWS
With the booming development of the live broadcasting industry, copyright issues related to the use of music in Internet live broadcasting have drawn attention. How do people pay for the music rights in the live broadcast room? How much would it be? There has been a lack of specific industry standards and reference basis. On July 25, China audio-visual copyright management association released the temporary pay standard for streaming live audio recordings.Article 45 of the newly amended Copyright Law adds the "rewarding right" for music producers.The use...
On July 26, 2022, the Taipei District Court of Taiwan Province of the PRC(the "Court") issued the civil ruling Lu Xu Zi No.2, recognizing the arbitral award (Zhong Guo Mao Zhong Min Cai Zi [2022] No.4, hereinafter referred to as the "Award") rendered by the China International Economic and Trade Arbitration Commission(CIETAC) on January 20, 2022.The Applicant, Ju Jiang Zhi Zao (Xiamen) Technology Co., Ltd. filed a request to CIETAC for arbitration concerning a contractual dispute with the Respondent, Yunguangtong Co, Ltd. The Respondent made a counterclaim on...
In order to precisely serve the group of small, medium and micro science and innovation enterprises, and solve the problem of difficulty in financing for those enterprises, Ping An Bank launched a special product - Emerging Industry Loan (patented version) at the end of 2021, which assesses the comprehensive strength of enterprises by intellectual property rights, and has launched in 7 cities, including Shenzhen, Dongguan...
On June 22, 2022, the International Center for Settlement of Investment Disputes (ICSID) published the newly revised 2022 ICSID Regulations and Rules. The revisions, which took five years to complete, cover all major rules and regulations, including the ICSID Arbitration Rules and the ICSID Mediation Rules, and aim to improve the efficiency of ICSID case handling, expand the service scope of ICSID, and ensure more ...
On May 30, the 63rd biweekly consultation forum of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) was held in Beijing. Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the CPPCC, presided over the meeting. The participants believe that the current arbitration law has played an important role in resolving civil and commercial disputes and strengthing economic and social development for more than 20 years; at the same time, it should...