Legislation

• Judicial Interpretation and the Socialist Core Values

  The Supreme People's Court (SPC) released a five-year plan to incorporate the country's socialist corevalues in handling judicial interpretation. Susan Finder, who has been observing the SPC for thelast 25 years and who was recently appointed as one of the 32 members of the international expertcommittee of the China International Commercial Court (CICC), shares with China Law & Practicethe SPC's approach as to how these socialist values will be incorporated into judicial interpretations.Her remarks are her own and should not be attributed either to the SPC or the CICC

  October 11, 2018

  

• Circular on Expanding the Scope of Application of the Policy of Provisional Deferral of Withholding Income Tax on Direct Investments Made by Foreign Investors Using Distributed Profits

  关于扩大境外投资者以分配利润直接投资暂不征收预提所得税政策适用范围的通知

  The scope of tax deferral is expanded for foreign investors

  October 10, 2018

• PRC Law for the Prevention and Treatment of Soil Contamination

  中华人民共和国土壤污染防治法

  A soil quality investigation is required for a change in land use

  October 10, 2018

• China Securities Regulatory Commission, Provisions for the Regulation of the Depository Receipt Business in the Stock Connect Between the Shanghai Stock Exchange and the London Stock Exchange (Trial Implementation) (Draft for Comments)

  中国证券监督管理委员会上海证券交易所和伦敦证券交易所市场互联互通存托凭证业务监管规定 (试行) (征求意见稿)

  Shanghai-London Stock Connect comes closer to launch

  October 10, 2018

• Measures for the Administration of Foreign-invested Futures Companies

  外商投资期货公司管理办法

  Futures companies are now opened to foreign investors

  October 10, 2018

• Shanghai Municipality, Tentative Provisions for Regulating the Purchase of Commercially Developed Residential Premises by Enterprises

  上海市关于规范企业购买商品住房的暂行规定

  Enterprises are restricted from purchasing housing in Shanghai

  October 03, 2018

• Interpretation on Several Issues Concerning the Application of the System on the Limitation of Actions in the «PRC General Provisions of the Civil Law»

  关于适用《中华人民共和国民法总则》诉讼时效制度若干问题的解释

  A 3-year limitation period is applied to civil law cases

  September 23, 2018

• China Securities Regulatory Commission, Measures for the Administration of the Private Asset Management Business of Securities and Futures Firms (Draft for Comments)

  中国证券监督管理委员会证券期货经营机构私募资产管理业务管理办法 (征求意见稿)

  Issued: July 20 2018  Main contents: The category of an asset management plan shall be determined based on the following provisions: (1)  …

  September 20, 2018

• China Banking and Insurance Regulatory Commission, Measures for the Administration of the Independent Directors of Insurance Institutions

  中国银行保险监督管理委员会保险机构独立董事管理办法

  Insurance companies are required to include independent directors.

  September 20, 2018

• Special Administrative Measures for Foreign Investment Access (Negative List) (2018 Edition)

  外商投资准入特别管理措施 (负面清单) (2018年版)

  The national negative list is relaxed

  September 10, 2018