Legislation roundup: P2P lending, Beijing residency and new energy vehicles

See the digest for more details.

Further reading

In the news: PBOC cracks down on internet finance, IPO freeze opens up PE and Audi gives its China dealers aid
Regulating asset management

Labor

Beijing Municipality, Measures for Implementation of the <Tentative Regulations on Residence Permits>

北京市实施〈居住证暂行条例〉办法

A recent arrival to Beijing who satisfies the following conditions may apply for a Beijing Residence Permit:

(1) he/she has been resident in Beijing for at least six months; and

(2) he/she has lawful and stable employment, has a lawful and stable residence or has been continuously attending school in Beijing.

See the digest for more details.

Further reading

Shanghai Municipality, Measures for the Administration of Residence Permits

Opinions on Further Promoting Reform of the Household Registration System

Environmental Protection

General Office of the National Development and Reform Commission, Measures for the Administration of Carbon Allowances of Alternative Energy Vehicles (Draft for Comments)

国家发改委办公厅新能源汽车碳配额管理办法 (征求意见稿)

An enterprise may secure a carbon allowance of alternative energy vehicles through the carbon allowance of alternative energy vehicles arising from the production and/or import of alternative energy vehicles or through trading on the carbon emissions market.

See the digest for more details.

Further reading

Automotive Industry Development Policy (Revised)

China's auto industry explained

Guiding Opinions on Further Promoting the Pilot Project for the Use for Consideration and Trading of Emission Rights

Banking

China Banking Regulatory Commission, Ministry of Industry and Information Technology, Ministry of Public Security and Cyberspace Administration of China, Tentative Measures for the Administration of the Business Activities of Online Lending Information Intermediaries

中国银行业监督管理委员会、工业和信息化部、公安部、国家互联网信息办公室网络借贷信息中介机构业务活动管理暂行办法

The upper limit on the loan balance of a natural person on a single online lending information intermediary platform shall not exceed Rmb200,000; the upper limit on the loan balance of a legal person or other organization on a single online lending information intermediary platform shall not exceed Rmb1 million. The aggregate loan balance of a natural person on different online lending information intermediary platforms shall not exceed Rmb1 million; and the aggregate loan balance of a legal person or other organization on different online lending information intermediary platforms shall not exceed Rmb5 million.

See the digest for more details.

Further reading

In the news: PBOC cracks down on internet finance, IPO freeze opens up PE and Audi gives its China dealers aid
Regulating asset management

Labor

Beijing Municipality, Measures for Implementation of the <Tentative Regulations on Residence Permits>

北京市实施〈居住证暂行条例〉办法

A recent arrival to Beijing who satisfies the following conditions may apply for a Beijing Residence Permit:

(1) he/she has been resident in Beijing for at least six months; and

(2) he/she has lawful and stable employment, has a lawful and stable residence or has been continuously attending school in Beijing.

See the digest for more details.

Further reading

Shanghai Municipality, Measures for the Administration of Residence Permits

Opinions on Further Promoting Reform of the Household Registration System

Environmental Protection

General Office of the National Development and Reform Commission, Measures for the Administration of Carbon Allowances of Alternative Energy Vehicles (Draft for Comments)

国家发改委办公厅新能源汽车碳配额管理办法 (征求意见稿)

An enterprise may secure a carbon allowance of alternative energy vehicles through the carbon allowance of alternative energy vehicles arising from the production and/or import of alternative energy vehicles or through trading on the carbon emissions market.

See the digest for more details.

Further reading

Automotive Industry Development Policy (Revised)

China's auto industry explained

Guiding Opinions on Further Promoting the Pilot Project for the Use for Consideration and Trading of Emission Rights