Legislation

Trust companies allowed to trade stock index futures.

After the foreign-invested company with an investment nature has converted the lawful income derived in China into an increment in registered capital, it may re-invest the same in an enterprise in China.

Parties shall carry out record filing procedures within three months from the date on which their patent licensing contract entered into effect.

The new Law raises individual income tax threshold to Rmb3,500.

These Measures shall apply to commercial banks established in the PRC, including wholly Chinese-owned banks, wholly foreign-owned banks and Sino-foreign joint venture banks.

Commercial banks (including foreign-funded banks with legal personality in China), securities companies, securities investment consulting firms, independent Fund sales institutions and other institutions specified by the CSRC may apply to the CSRC for Fund sales business qualifications.

Rules for lawyers to follow when verifying the offering of a securities investment fund.

China's variable annuities may provide GMDB, GMMB, GMIB and GMAB.

Alternative energy and advertising included in the industry structure adjustment catalogue for the first time.