Legislation

• Other Recent Legislation of this Month

  National legislation Investment instrumentsGuidelines on Contents and Formats for Information Disclosure by Companies that Offer Securities to the Public…

  October 10, 2009

• Supreme People's Court, Circular on the Study and Implementation of the Revised Patent Law

  最高人民法院关于学习贯彻修改后的专利法的通知

  SPC clarifies when the revised Patent Law supercedes the old one.

  October 10, 2009

• China Banking Regulatory Commission, Measures for the Administration of Pilot Consumer Finance Companies

  中国银行业监督管理委员会消费金融公司试点管理办法

  China opens up a new financial sector.

  October 10, 2009

• Shenzhen Stock Exchange, Implementing Measures for the Administration of the Appropriateness of Investors of the Growth Enterprise Market

  深圳证券交易所创业板市场投资者适当性管理实施办法

  Gem investors need two years of investment experience.

  October 10, 2009

• People's Bank of China and China Banking Regulatory Commission, Announcement [2009] No.14

  中国人民银行、中国银行业监督管理委员会公告〔2009〕第14号

  Lease financing companies and auto finance companies allowed to issue bonds.

  October 10, 2009

• Ministry of Health, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Finance, Ministry of Human Resources and Social Security, Ministry of Commerce, State Food and Drug Administration, State Administration of Traditional Chinese Medicine, Measures for the Administration of State Essential Pharmaceuticals Lists (Tentative)

  卫生部、国家发展和改革委员会、工业和信息化部、监察部、财政部、人力资源和社会保障部、商务部、国家食品药品监督管理局、国家中医药管理局国家基本药物目录管理办法 (暂行)

  Safety and pricing emphasised in essential medicine lists.

  October 10, 2009

• China Banking Regulatory Commission, Tentative Provisions on the Restructuring of Microfinance Companies into Rural Banks

  中国银行业监督管理委员会小额贷款公司改制设立村镇银行暂行规定

  Restructuring of a microfinance company into a rural bank requires a bank promoter.

  October 10, 2009

• State Administration of Taxation, Circular on Clarifying Issues Concerning the Implementation of Several Individual Income Tax Policies

  国家税务总局关于明确个人所得税若干政策执行问题的通知

  Directors' fees treated as wages for individual income tax purposes.

  October 10, 2009

• Ministry of Health, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Finance, Ministry of Human Resources and Social Security, Ministry of Commerce, State Food and Drug Administration and State Administration of Traditional Chinese Medicine, Implementing Opinion on the Establishment of the State System of Essential Pharmaceuticals

  卫生部、国家发展和改革委员会、工业和信息化部、监察部、财政部、人力资源和社会保障部、商务部、国家食品药品监督管理局、国家中医药管理局关于建立国家基本药物制度的实施意见

  Regions encouraged to reduce the price of essential medicines.

  October 10, 2009

• Implementing Measures for the «PRC Regulations for Customs Protection of Intellectual Property Rights»

  关于《中华人民共和国知识产权海关保护条例》的实施办法

  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.

  October 10, 2009