Legislation

• China Banking Regulatory Commission, Guidelines for Risk Management by Commercial Banks of Loans Extended for Mergers and Acquisitions

  中国银行业监督管理委员会商业银行并购贷款风险管理指引

  CBRC relaxes M&A loan requirements.

  April 29, 2015

• National Development and Reform Commission and Ministry of Commerce, Foreign Investment Industrial Guidance Catalogue (Amended in 2015)

  国家发展和改革委员会、商务部外商投资产业指导目录 (2015年修订)

  Foreign investment catalogue revised to allow more foreign shareholding.

  April 29, 2015

• People's Bank of China and General Administration of Customs, Measures for Administration of the Import and Export of Gold and Gold Products

  中国人民银行、海关总署黄金及黄金制品进出口管理办法

  China controls import and export of gold.

  April 29, 2015

• China Securities Regulatory Commission, Guidelines on the Participation in Trading Through the Shanghai-Hong Kong Stock Connect by Publicly Offered Securities Investment Funds

  中国证券监督管理委员会公开募集证券投资基金参与沪港通交易指引

  Mainland Chinese funds may invest in Hong Kong stocks without QDII qualifications.

  April 29, 2015

• Ministry of Land and Resources, Implementing Rules for the Tentative Regulations for the Registration of Immovable Property (Draft for Comments)

  国土资源部不动产登记暂行条例实施细则 (草案征求意见稿)

  Issued: March 26 2015 Main contents: When applying for the registration of joint tenancy of immovable property, the application shall be submitted by all…

  April 29, 2015

• State Administration of Taxation, Announcement on Enterprise Income Tax Issues Relevant to the Implementation of the «Catalogue of Encouraged Industries in Western China»

  国家税务总局关于执行《西部地区鼓励类产业目录》有关企业所得税问题的公告

  Enterprises enjoy tax breaks for investment in Western China.

  April 29, 2015

• Provisions for the Prohibition of Acts of Abusing Intellectual Property Rights to Eliminate or Restrict Competition

  关于禁止滥用知识产权排除、限制竞争行为的规定

  Abusing IP rights to eliminate competition may be fined up to 10% of the sales turnover.

  April 29, 2015

• Measures for the Administration of the Check and Approval, and Record Filing of Foreign-invested Projects (Revised)

  外商投资项目核准和备案管理办法 (修订)

  The Measures are revised to follow changes in the List of Investment Projects Subject to Government Check and Approval, which relaxes foreign projects approval requirements.

  April 16, 2015

• Announcement on Enterprise Income Tax Issues Relevant to the Payment of Expenses by Enterprises to Overseas Affiliates

  关于企业向境外关联方支付费用有关企业所得税问题的公告

  The tax authority may proceed with an adjustment for any expenses paid to an overseas affiliate not in compliance with the arm's length principle.

  April 02, 2015

• Opinions on Improving the Systems of First Approach and Advance Compensation Payment of Business Operators of the Consumption Stage to Duly Protect the Lawful Rights and Interests of Consumers

  关于完善消费环节经营者首问和赔偿先付制度切实保护消费者合法权益的意见

  Mall, market and platform business operators may be liable for advance payment of compensation to consumers.

  March 26, 2015