Parallel import of motor vehicles allowed in the Shanghai Free Trade Zone.
February 17, 2015
Parallel import of motor vehicles allowed in the Shanghai Free Trade Zone.
The criteria for setting up branches are lowered for foreign banks.
Statutory damages for online defamation could be up to Rmb 500,000.
The revised Measures abolish the requirement for the examination and approval of material purchases, sales and exchanges of assets of listed companies where the same do not constitute a backdoor listing.
China promotes public-private partnerships.
Non-bank financial institutions allowed in the interbank forex market.
Guangdong allows collective wage bargaining.
The revision abolishes the requirement for prior CSRC approval of a takeover offer.
Minor changes were made in Articles 19, 71 and 78.
Jurisdiction of IP courts further clarified.