Legislation roundup: Stamp Tax, Shanghai FTZ and pharma

Further reading

Shanghai Municipality, Tentative Provisions for Regulating the Purchase of Commercially Developed Residential Premises by Enterprises

Raising the Bar for Securities and Shareholders

Free Trade Zones

Special Administrative Measures for the Cross-border Trade in Services in the China (Shanghai) Pilot Free Trade Zone (Negative List) (2018)

中国（上海）自由贸易试验区跨境服务贸易特别管理措施 (负面清单) (2018年)

The restrictions on market access by bank card settlement institutions and non-bank payment institutions and the restrictions on the engagement in financial rating services by foreign-invested financial service companies are both relaxed.

Further reading

Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2018 Edition)

Opening Doors for More Foreign Direct Investment

Pharmaceuticals

Standing Committee of the National People's Congress, Decision on Extending the Period of Authorization of the State Council to Launch a Pilot Project for the Marketing Authorization Holder System in Certain Regions

全国人民代表大会常务委员会关于延长授权国务院在部分地方开展药品上市许可持有人制度试点期限的决定

The three-year period for which the State Council was authorized to conduct a pilot project for the marketing authorization holder system in certain regions at the 17th Session of the Standing Committee of the 12th National People's Congress on November 4, 2015 is extended by one year.

Further reading

Decision on Authorizing the State Council to Launch a Pilot Project for the Marketing Authorization Holder System in Certain Regions and Relevant Issues Thereof

Official Reply on Matters Relevant to the Production and Distribution of Pharmaceuticals in the Pilot Marketing Authorization Holder Project

Plan for a Pilot Project for the Marketing Authorization Holder System for Pharmaceuticals

PRC Law on the Administration of Pharmaceuticals (2nd Revision)