China: Harsher Personal And Corporate Penalties For Work Safety Accidents In China
China will impose harsher penalties on companies and their executives in order to prevent work safety accidents and to protect workers.
On 31 August 2014, the Standing Committee of the National People’s Congress approved the Amendments to the Work Safety Law which will come into effect on 1 December 2014 (the “Amendments”). The Amendments make more than 70 changes to the existing law with a view to:
improving accident prevention and emergency response systems;
enhancing law enforcement; […]