The first reporting investor may be exempted from antitrust penalties, new auto industry guidelines list acts that could be found to be an abuse of dominant market position and applicants for administrative permission are required to expressly indicate the key confidentiality points.
Non-litigation dispute resolution is encouraged in labor disputes
The time to pay urban maintenance and construction tax is specified
In 2019, China has lost its top spot for U.S. foreign investment reviews, a distinction it held since 2011.
U.S. business group survey indicates companies are not leaving China market; digital currency pilot set for expansion to major Chinese cities; and foreign nationals from 36 European countries allowed entry into country
The case against TikTok is the latest example of growing U.S. scrutiny of the overseas operations of Chinese companies amid worsening relations between the two countries. The U.S. is especially concerned about potential Chinese access to the personal data of U.S. citizens.
The new Deed Tax Law uniformly increases the deed tax rate, the time to pay urban maintenance and construction tax is specified and more flexibility is allowed in infrastructure investment of REITS.
Recent reforms to the U.S. foreign investment review body's powers have contributed to a sharp drop in outbound Chinese investment to the U.S.
China fosters local chipmakers with tax breaks
Food labeling rules are revised to handle new marketing activities
