The SAT has clarified VAT will not be levied on purely offshore activities, the CIRC has proposed curbs on risky investments by insurance companies and MOFCOM has abolished its approval requirements for processing trade
The first online lending regulation was issued to curb shadow banking risks, the rise of digital wallets threatened banks' access to big data and local governments' plans for the flailing coal and steel industry were discussed
The first law on online lending has been issued, Beijing has replaced temporary residence permits with residence permits and the NDRC further regulated the carbon market
This week the $43B Sino-Swiss deal received U.S. regulatory approval, proposed emissions rules dampened China's auto profit outlook, the Hong Kong stock exchange's attempts to lure tech firms were discussed and Apple announced a new R&D center
The CSRC has encouraged fund management subsidiaries to invest in PE and has set stricter rules for capital-guaranteed funds, and the MIIT has proposed higher requirements for alternative energy vehicle manufacturers
This week foreign organizations asked Premier Li to amend data rules, Hong Kong and Shenzhen officials geared up for the link's launch this year and China was urged to reduce its excessive credit reliance
This week the PBOC's to-do list for a fully convertible currency was discussed, MOFCOM cracked down on M&A parties that fail to file, and China pledged to increase R&D spending to 2.5% of its GDP by 2020 as well as dedicate Rmb430 billion to improving water quality
The Beijing high court's guidelines on internet-related IP disputes provide useful tips on copyright, trademark and unfair competition cases for judges and parties. 北京高级法院有关互联网相关 IP 纠纷的审理指南为法官和相关各方提供针对版权、商标和不正当竞争案件的实用提示。
The SAIC's draft Consumer Protection Law Implementing Regulations have tightened online platforms' refund obligations, the pilot customs duty selection policy has been expanded within the FTZs and the MOF and NDRC have permitted patent filing and examination fee reductions
