Full Text Translation

The revised Provisions raise the minimum registered capital for insurance companies to Rmb200 million.

The Measures detail the procedures for record filing of intellectual property rights with customs, customs detention of alleged infringing goods and customs handling of infringing goods.

The Interpretation elaborates the definition of terms mentioned in the PRC Property Law such as owner, exclusively-owned parts, parts owned in common and materially interested owners.

The Measures set forth the procedure for establishing a consumer finance company. The minimum registered capital required is Rmb300 million.

The Circular clarifies the determination of the taxable income derived from stock appreciation rights and restricted stock.

The revised Policy removes the Articles on the reporting of import of automobile parts and components that constitute the characteristics of a whole vehicle.

The Measures set out the criteria under which a lender accepts an application for a loan for a fixed asset. They also lay down provisions on relevant due diligence investigation, risk assessment, examination and approval, execution of the contract, disbursement and payment, post-loan management and legal liability.

The Measures lay down the criteria and procedures for establishment of a foreign-invested equity investment management enterprise in Pudong.

Special measures provided for risk control of project finance.