China: Legal Implications of the New Regulations on Industrial and Supply Chain Security for ESG Disclosure by Cross-Border Trade Enterprises

The promulgation of the Regulations of the State Council on Industrial and Supply Chain Security (the “New Regulations”)  signals that, against the background of global supply-chain restructuring, rising geopolitical risk, and China’s deeper policy commitment to coordinating development and security, China has elevated the resilience, security, and controllability of industrial and supply chains to an unprecedented level of strategic importance.