November
State Council, Guiding Opinions on Promoting the Rational Development of Zones under Special Customs Supervision
[Law Digests]
国务院关于促进海关特殊监管区域科学发展的指导意见
State Council consolidates all types of bonded trading zones.
October
China tightens controls on imported drugs
New Measures will force foreign drug makers to submit detailed reports in Chinese and open their manufacturing sites to inspectors. The penalties for non-compliance are harsh
September
Circular on Interpretation of a Relevant Article of the «Implementing Rules for the PRC Tentative Regulations on Consumption Tax»
[Full Text Translation]
关于《中华人民共和国消费税暂行条例实施细则》有关条款解释的通知
If the commissioning party of processing trade sells the products at a price higher than the selling price of the commissioned party, it will not be regarded as a direct sale and does not incur consumption tax.
February
Foreign Investment Industrial Guidance Catalogue (Amended in 2011)
[Full Text Translation]
外商投资产业指导目录（2011年修订）
The Catalogue has been revised since the 2007 revision. Venture investment enterprises and intellectual property services are added to the encouraged category while the manufacture of assembled automobiles is removed from the category.