The State Council has lifted restrictions for foreign-invested banks, three new FTZs have been set up and the Supreme People's Procuratorate has clarified lawyers' practice rights
The court and regulators have tightened the regulatory net, six polluters were handed a record fine, the State Council approved the National IP Strategy Action Plan, the NDRC removed certain price controls and easier access to the FTZs was discussed
The CIRC has allowed insurance capital to be invested in venture capital funds, the SAT has clarified income tax from equity transfers and the CSRC has introduced a new era of stock option trading of A-shares
This week Wal-Mart's crumbling China business was brought to light, three new free trade zones were planned, the Beijing Arbitration Commission issued its 2015 rules and 1,000 companies were publicised for environmental violations
SAFE loosened its grip on the interbank foreign exchange market, the State Council issued rules on deposit insurance and the PBOC allowed MNCs to engage in centralised cross-border renminbi operations
A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays
A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays
Foreign investment in nursing homes has been encouraged, the CIRC listed the means for insurance companies to increase capital and the SAIC set rules for group buying websites
This week the Range Rover Evoque was copied by Chinese LandWind, Microsoft got fined US$140 million for tax evasion, the NDRC considered lifting price caps on drugs and Tencent signed a deal with HBO
The CSRC has issued provisions on the administration of securities companies, the CCPIT produced new Rules for CMAC and the State Council set out a draft framework for investments by the the National Social Security Fund