Supreme People’s Court: Conduct in-depth research on adjudication rules for emerging case types—including virtual currencies and cross-border finance—and promptly formulate judicial interpretations concerning civil compensation for insider trading and mar

According to CCTV News, the State Council Information Office held a press conference under its “Getting Off to a Strong Start: The 15th Five-Year Plan” series of thematic events, introducing progress in advancing law-based governance across the board. At the press conference, Liu Guixiang, a full-time Vice-Ministerial-level Member of the Judicial Committee of the Supreme People’s Court and a Class-II Grand Justice, stated that courts will conduct in-depth research into adjudication rules for novel case types—including those involving virtual currencies and cross-border finance—and expedite the formulation of judicial interpretations on civil compensation for insider trading and market manipulation, thereby safeguarding the stable operation of capital markets and effectively protecting the lawful rights and interests of small and medium-sized investors. In response to emerging business models in the digital economy, courts will develop normative documents on judicial protection for cases involving artificial intelligence and data property rights. They will also refine adjudication rules concerning data ownership, data transactions, and AI-generated content, promoting deep integration of digital technologies with the real economy, supporting the improvement of foundational institutional frameworks for data as a production factor, and facilitating the development of an integrated data market characterized by openness, sharing, and security.