Full Text Translation

Circular on Issues Relevant to the Examination, Approval and Administration of Foreign-invested Projects for Sales Effected over the Internet and by Vending Machines

Application procedures for foreign-invested projects for sale effected over the Internet and by vending machines streamlined.

The Interpretation enlarges the scope of eligible employment disputes and gives workers the burden of proof for overtime pay.

The Measures prohibit a business operator from exempting ifself from its liabilities in standard clauses, or increase the seriousness of the liabilities bearable by the consumer or deny the consumer its rights in such clauses.

Lead underwriters may select their own institutional investors as inquiry recipients for IPOs.

The Opinion impoves the clawback mechanism and allows suspension of offering of new shares.

CIRC controls margin trading of insurance companies and prohibits speculation.

The Measures detail the administration of general tax treatment of enterprise re-organisation, the administration of special tax treatment of enterprise re-organisation, and the tax administration of cross-border re-organisation.

The Provisions address the issues of the application of law concerning disputes arising in the course of the establishment, the modification, etc. of foreign-invested enterprises, which mainly include the validity of contracts without approval and its legal consequences, equity confirmation, equity transfers and equity pledges.