Income derived from the Mainland-Hong Kong Mutual Recognition of Funds will be taxed, the State Council will establish a License of Right system for patents and citizens can apply for residence permits after living in a city for 6 months
The SAT has granted further tax breaks for technology transfers including non-exclusive licensing, but MNCs aren't likely to take the chance of disclosing their IP in China
The PBOC will expand the use of renminbi in the FTZs and the SFDA has specified serious violations in its draft implementing rules of the Food Safety Law
This week the Shell-BG merger received its final regulatory approval in China, Alibaba bought the Hong Kong newspaper for $266 million, an environmental group filed a case against VW and China's two largest shipping SOEs combined
A registration system will replace approvals for Shanghai and Shenzhen listings in two years, a draft Patent Law has increased penalties for infringement and the SAIC has stressed the liability of e-commerce platforms for consumer compensation
This week a Chinese pharma group bought Healthe Care Australia, Tencent and Glu Mobile worked on westernizing a hit shooting game and Danone sold its Dumex China unit to Yashili
General counsel from DSM, Eli Lilly and State Street Bank in China explain how the role of in-house lawyers have become far broader now even as they work in specialized, highly-regulated and fast-paced industries
The SAT has streamlined tax accounting for VC investment and clarified tax deductibles for technology transfers, and the NDRC has simplified approvals for enterprise bond issuances
