The event was organized by European Chamber, sponsored by Hogan Lovells and supported by DUSA, the Swedish Chamber of Commerce in China and AustCham Shanghai.
On 25th April, the Standing Committee of the National People’s Congress approved revisions of China’s Environmental Protection Law. The landmark revisions mark the first change to the law in 25 years, since it took effect in 1989. The law newly includes environmental data transparency and public participation, and places unlimited, stricter fines on environmental polluters. The amendments, effective on 1st January 2015, come after Premier Li Keqiang declared war on pollution at the opening of the National People’s Congress in March, and signify a pledge by the Chinese leadership to abandon a growth-at-all-cost economic model that has spoilt much of the country’s environment.
Adam Kushner gave a presentation which explored how and to what extent China’s current environmental policies impact foreign business. His presentation also looked at how the country’s environmental laws compare with international environmental standards and assess the capacity of China’s legal framework to properly address its environmental challenges.