Legal

A series of new policies recently released to attract foreign investment demonstrates China's aim to diversify foreign direct investment, channel money into the central and western regions, and encourage environmentally-friendly and high-tech industries to set up onshore. However, the rules are fairly general and more legislation will be needed for proper implementation

Market access prohibition is now an administrative penalty for the insurance industry.

Insurance companies required to disclose seven types of information.

Shareholding restriction on single shareholders of insurance companies relaxed.

Stringent definition of the second unit of residential premises.

Online shop owners required to provide real names.

PBOC puts online payment services under scrutiny.

Establishments of insurance companies classified into four grades for regulation.

Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.