Full Text Translation

China revises its entry visa categories for foreigners.

SAT sets standards for levy of enterprise income tax on personnel assignment to China of non-tax-resident enterprises.

The information on the subject matter of insurance or the insured well known to the proposer at the time of entry into the insurance contract constitutes information that the proposer shall truthfully provide.

SAT clarifies enterprise income tax treatment for hybrid equity and debt investments.

More labour intensive (manufacture of digital television and energy saving refrigerators) and service sector (development and application of the internet of Things and mobile internet) projects are added to the revised Catalogue.

This year's report has derived 37 law application issues with general guiding significance from 34 typical cases carefully selected from the intellectual property and competition cases completed by the Supreme People's Court in 2012.

Branches of foreign insurance companies are allowed to make capital contributions in renminbi.

SAFE further streamlines the foreign exchange procedures for establishment of foreign-invested enterprises.

Insurance asset management companies allowed to sell asset management products.