Law Digest

• State Council, Several Opinions on Encouraging and Guiding the Healthy Development of Investments from the Private Sector

  国务院关于鼓励和引导民间投资健康发展的若干意见

  Private sector investments allowed in commercial bank equity investment.

  June 18, 2010

• State Administration for Industry and Commerce, Circular on Improving the Enforcement of the Provisions on Employment Restrictions on Legal Representatives of Enterprises with Legal Personality

  国家工商行政管理总局关于进一步做好企业法人法定代表人任职限制规定执行工作的通知

  SAIC seeks to establish credibility files of legal representatives.

  June 18, 2010

• State Council, Several Opinions on Further Improving the Work on the Use of Foreign Investment

  国务院关于进一步做好利用外资工作的若干意见

  State Council delegates approval of foreign investment to lower level authorities.

  May 13, 2010

• Ministry of Human Resources and Social Security, Guiding Opinion on the Pilot Reform of Public Hospitals

  人力资源社会保障部关于公立医院改革试点的指导意见

  Insurance companies may participate in discussion of medical fees.

  May 13, 2010

• State Council, Circular on Determined Suppression of the Exceedingly Rapid Rise of Certain Urban Housing Prices

  国务院关于坚决遏制部分城市房价过快上涨的通知

  State Council's 10 articles show determined suppression of property prices.

  May 13, 2010

• Ministry of Housing and Urban-rural Development, Circular on the Issues Relevant to Further Strengthening the Regulation of the Real Property Market and Improving the System for Pre-sale of Commodity Residential Premises

  住房和城乡建设部关于进一步加强房地产市场监管完善商品住房预售制度有关问题的通知

  Property developers required to file pre-sale price changes.

  May 13, 2010

• State Administration of Foreign Exchange, Provisions on the Pilot Reform of the System of Verification of Foreign Exchange Payments for Imports

  国家外汇管理局进口付汇核销制度改革试点规定

  Forex verification procedure simplified for importers.

  May 13, 2010

• Other Recent Legislation for This Month

  National legislation BankingPeople's Bank of China Announcement [2010] No.2 (Repealed and void documents)中国人民银行公告〔2010〕第2号L3600/10.03.23Guiding…

  May 13, 2010

• China Insurance Regulatory Commission, Measures for the Administration of Insurance Group Companies (Trial Implementation)

  中国保险监督管理委员会保险集团公司管理办法 (试行)

  CIRC sets forth the measures for the establishment of insurance group companies.

  May 13, 2010

• Ministry of Commerce, Ministry of Finance, General Administration of Customs and State Administration of Taxation, Circular on Measures for Reviewing the Qualifications of Foreign-invested Research and Development Centres for Tax Exemptions/Refunds on Procured Equipment

  商务部、财政部、海关总署、国家税务总局关于外资研发中心采购设备免/退税资格审核办法的通知

  Tax exemption for foreign-invested R&D centres clarified.

  May 13, 2010