The CPC and State Council have promoted more private investment in commercial SOEs, and the CIRC has permitted insurance companies to establish PE funds and invest in asset-backed plans
This week Apple's China unit was reported to have underpaid its 2013 taxes, Nissan's China JV was fined for AML violations in Guangdong and President Xi confirmed SOEs will continue to play a key role in the economy
The PBOC has further regulated FX sales, listed companies have been encouraged to increase profit distributions and the minimum down payment for housing has been reduced
MOFCOM approved AB InBev's increased shareholding in Pearl River Beer, the work safety department head was sacked for corruption, e-commerce eyed growth opportunities away from cities and COFCO Coca-Cola opened a factory
The NPC has passed the amended PRC Criminal Law, R&D in science and technology has been encouraged and the investment scope of old-age insurance funds has been clarified
The PBOC has required online lending organizations to get approval and the State Council has raised the payment percentage for critical illness insurance and promoted a national financing security fund
This week the Tianjin Port explosion was analysed in terms of insurance claims, regulatory investigations and disputes, and 15,000 individuals were arrested for internet security violations
This week the copyright agency removed 2.2 million unlicensed songs from the internet, the NPC included a property tax law in its legislation plan and the market bet on Gome attracting a partner after its rival Suning tied up with Alibaba
This week the SPC has increased the liability of P2P online lending platforms in loan cases, private capital has been encouraged in railway construction projects and a maximum 30 years has been set for highway operation
This week the government required major internet companies to set up security offices staffed by police, the migration of Chinese manufacturers to the US was discussed and the national anti-corruption drive yielded substantial results