While Premier Li pledged to liberalize big data, cloud and e-commerce to draw foreign investors, practitioners flagged regulatory ownership restrictions and security controls as major obstacles. 虽然李克强总理承诺放开大数据、云和电子商务以吸引外国投资者,但从业者仍将监管所有权限制和审查控制视为主要阻碍。
This week the SEC requested accounting information from Alibaba, Goldman Sachs raised the odds of Chinese shares being included in MSCI indexes and Bank of China's aircraft leasing arm went in for an IPO
The NDRC and MEP have set mandatory emission audit requirements, the universal insurance pilot scheme has been further expanded and property sales in Beijing's Tongzhou District have been closed off multiple homeowners
This week senior food & drug officials' moves to the private sector were discussed, Tencent engaged in talks to acquire a Finnish gaming company and China issued policies to encourage innovation, industries and projects
China's new restrictions on online activities draw foreign criticism, while local practitioners say little has changed. 中国对网络活动的新限制引起国外人士批评,但境内执业人士表示变化不大。
The MOF and SAT have expanded the tax reform of natural resources, the CBRC has set provisioning requirements to suppress shadow banking and processing trade approvals were abolished nationwide
This week Apple made its largest China investment yet, tax regulators were said to tighten reporting standards, the Ministry of Environmental Protection was authorized to dispatch inspection teams and stricter measures for the real estate industry were discussed
Enterprises' pension and unemployment premium requirements have been capped to ease cost burdens. Lawyers discuss whether this will have any real impact and emphasize the importance of complying with labor laws. 企业养老金和失业保险费率规定了上限以减轻成本负担。律师们讨论这是否将产生任何实际影响,并强调遵循劳动法的重要性。
The PBOC has further opened the interbank bond market to QFIIs, the Shanghai government released implementing rules for reducing enterprises' insurance premiums and tax break approval requirements for circuit and software companies were cancelled
This week regulators ordered Baidu to enforce medical ad standards, Gucci America wasn't too pleased with Alibaba becoming an IACC member and investors have been granted direct access to China's wealth management industry