Transportation

China rolls out VAT reform.

Parallel import of automobiles encouraged.

Negative list for market access put into trial in four regions.

China's antitrust regulator has set firm standards in an industry long criticized for market power imbalances among car manufacturers, distributors and suppliers. The new rules require thorough compliance checks and reexamining of all vertical relationships 中国反垄断监管机构已针对长期受制造商、经销商和供应商间市场力量失衡诟病的汽车业设立严格标准。新规定要求对所有垂直关系进行全面合规检查和复查。

Issued: March 25 2016 Main contents: The Guidelines expressly prohibit reverse price monopoly acts by assembled vehicle manufacturers, include…

Banks encouraged to approve consumer loans online.

China's anti-terrorist measures concern cybersecurity.

Issued: January 6 2016 Main contents: Where a supplier sells motor vehicles by way of authorization, the term thereof (excluding the period…

Foreign auto brands including Volkswagen, BMW and Daimler have recalled thousands of vehicles in China amid tightening quality and safety rules. Carmakers need to comply with AQSIQ requirements on monitoring, filing and recalling defects to avoid costly investigations and penalties