Law Digest

• Legislative Affairs Office of the State Council, PRC Exit-entry Administration Regulations for Foreigners (Draft for Comments)

  国务院法制办公室中华人民共和国外国人入境出境管理条例 (征求意见稿)

  Issued: May 3 2013 Main contents: The Draft suggests new types of Chinese visas:(1) M Visa for business purposes (while F Visa is now just…

  July 16, 2013

• Ministry of Transport, Regulations for the Administration of Tolled Highways (Amendment Draft for Comments)

  交通运输部收费公路管理条例 (修正案征求意见稿)

  Issued: May 8 2013 Main contents: The Draft suggests that if the lawful earnings of a tolled highway are affected by a state's free highway policy,…

  July 16, 2013

• People's Bank of China, Measures for the Administration of Freezing of Assets Involved in Terrorist Activities (Draft for Comments)

  中国人民银行涉及恐怖活动资产冻结管理办法 (征求意见稿)

  Issued: May 24 2013 Main contents: The Draft requires financial institutions and designated non-financial organisations to promptly freeze the capital…

  July 16, 2013

• Ministry of Commerce, Tentative Rules for Implementation of the Trade Remedy Dispute Rulings of the World Trade Organisation (Draft for Comments)

  商务部执行世界贸易组织贸易救济争端裁决暂行规则 (征求意见稿)

  Issued: May 28 2013 Main contents: According to the Draft, MOFCOM may, after the WTO ruling on China's trade remedy, carry out further investigation…

  July 16, 2013

• Beijing Municipality, Measures for Monitoring the Proceeds from Pre-sale of Commercial Residential Premises

  北京市商品房预售资金监督管理办法

  Deposits monitored as part of the proceeds from pre-sale of commercial residential premises.

  July 16, 2013

• Ministry of Finance and State Administration of Taxation, Circular on the Launch of Pilot Tax Policies for the Levy of Value-added Tax in Place of Business Tax in the Transport Industry and Certain Modern Service Industries Nationwide

  财政部、国家税务总局关于在全国开展交通运输业和部分现代服务业营业税改征增值税试点税收政策的通知

  VAT reform expanded to the whole of China.

  July 16, 2013

• Mainland China and Taiwan, Cross-strait Agreement on Trade in Services

  中国大陆、台湾海峡两岸服务贸易协议

  Taiwanese financial institutions may also invest in the mainland capital markets through the RQFII scheme.

  July 16, 2013

• Ministry of Civil Affairs, Measures for the Permission to Establish Elderly Nursing Homes

  民政部养老机构设立许可办法

  Foreign organisations and individuals may set up elderly nursing homes.

  July 16, 2013

• China Securities Regulatory Commission and China Insurance Regulatory Commission, Tentative Provisions for the Administration of the Sale of Securities Investment Funds by Insurance Institutions

  中国证券监督管理委员会、中国保险监督管理委员会保险机构销售证券投资基金管理暂行规定

  Insurance institutions allowed to sell securities funds.

  July 16, 2013

• General Office of the National Development and Reform Commission, Circular on Further Improving the Review of Enterprise Bond Offerings

  国家发展改革委办公厅关于进一步改进企业债券发行审核工作的通知

  NDRC streamlines enterprise bond offerings review.

  July 16, 2013