China Law News

• In the News: China Raises Individual Income Tax Threshold; Introduces New E-commerce Law

  China approves reform to Individual Income Tax Law and introduces the much-awaited E-commerce Law; both will take effect from January 1, 2019.

  September 03, 2018

  

• Legislation roundup: Banks, futures companies and private tutoring

  The CBIRC has lifted the restrictions on foreign investment in Chinese banks, futures companies are now opened to foreign investors and private tutoring companies are facing stricter regulation

  August 29, 2018

• In the News: Traceability system for drug distribution, China's two-child policy, and foreign shareholders

  China introduces a draft on regulating an information-based traceability system for drugs; family planning policies may be revised in proposed amendments to China's Civil Code, and new administrative measures for foreign shareholders in foreign-invested futures companies.

  August 28, 2018

  

• China Opens Its Gates to Hong Kong, Macao and Taiwan Residents

  China extends its open arms to residents of the greater China region in a bid to increase convenience and opportunities to people from Hong Kong, Macao and Taiwan. Read on to find out the latest rulings as well as the impact on employment law with the elimination of work permits

  August 22, 2018

  

• In the news: Apple removes apps, US-China trade-war saga, and vaccine scandal

  Apple pulled out almost 25,000 gambling apps from its China app store, President Trump in no hurry to end the trade-war with China, and CFDA regulators sacked following vaccine scandals ignited by Changsheng

  August 22, 2018

• Legislation roundup: Online streaming, labor disputes and residence permits

  Online streaming service providers are required to carry out ICP record filing procedures, Guangdong clarifies on labor arbitration and litigation issues, and Hong Kong, Macao and Taiwan residents may apply for mainland residence permits.

  August 22, 2018

• Legislation roundup: FinTech, private education and financial bonds

  A 30-day notice in writing is now required from foreign institutions providing cross-border financial network services, new restrictions are imposed on M&As for private schools and financial institutions can now revise the size of their bond offerings.

  August 16, 2018

• Legislation roundup: Employment permits, oil and gas updates and electronic evidence

  Employment permit requirements have been lifted for all Hong Kong, Macao and Taiwan residents, oil and gas pipeline facilities are now open to private investment, and Guangdong FTZ now accepts electronic evidence in court

  August 09, 2018

• Legislation roundup: Strategic investment, delisting and pharma

  Requirements for strategic investment in A-share companies are lowered, major violations of the law are specified in the delisting system and MAHs may entrust the sale of pharmaceuticals.

  August 02, 2018

• Legislation roundup: Civil law, asset management and alternative energy vehicles

  A 3-year limitation period is applied to civil law cases, private asset management plans of securities firms are regulated and the number of alternative energy vehicles produced is under control

  July 26, 2018