The China Securities and Regulatory Commission issued Measures for securities investments by QFIIs, lowering the qualification thresholds. China Insurance Regulatory Commission also released Measures forcing insurance companies to set up separate accounts for its assets.
The China Insurance Regulatory Commission has released a series of regulations relaxing investments with insurance proceeds. The China Banking Regulatory Commission has released a set of guidelines replacing bank performance by deadlines with new criteria.
The opening of the first wholly Taiwan-funded hospital in Shanghai last month is a strong signal that the healthcare sector is opening-up to foreign investment, but local policies need to catch-up with national level legislation
The SPC has released an Interpretation on the Law during employment disputes and an Official Reply on accepting debt claims from tax arrears of bankrupt enterprises. The State Administration of Taxation also produced an announcement on the beneficial owner in tax agreements.
After ten years, the NPC has finally passed an Immigration Law providing a unified platform for managing immigration. China Law & Practice spoke with two leading employment lawyers to determine how the Law will affect immigration policies
The CSRC has released a draft Circular on securities investments and the Standing Committee of the NPC a new draft of the PRC Securities Investment Fund Law. In addition, new rules may open up the investment of private capital in publishing
The National Copyright Administration has caved in to the demands of the musicians in its latest Draft to the Law, but key provisions on licensing and software are causing concern