Law Digest

• Ministry of Finance, State-owned Assets Supervision and Administration Commission of the State Council, China Securities Regulatory Commission and National Council for Social Security Fund, Implementing Measures for the Transfer of Certain State-owned Shares from the Domestic Securities Market to the National Social Security Fund

  财政部、国务院国有资产监督管理委员会、中国证券监督管理委员会、全国社会保障基金理事会境内证券市场转持部分国有股充实全国社会保障基金实施办法

  China issues measures to prevent mass unloading of previously non-tradable shares.

  July 29, 2009

• Other Recent Legislation for This Month

  National LegislationBanking Circular on Issues Relevant to Further Regulating the Administration of Reporting in Respect of Personal Financial Management…

  July 29, 2009

• Supreme People's Court, Several Opinions on Properly Handling Current Enforcement in Response to the International Financial Crisis

  最高人民法院关于应对国际金融危机做好当前执行工作的若干意见

  Important foreign-related cases should be reported swiftly to the superior courts.

  July 29, 2009

• State Council, Circular on Approval and Transmission of the «National Development and Reform Commission, Opinion on Intensifying the Reform of the Economic System in 2009»

  国务院批转发展改革委关于2009年深化经济体制改革工作意见的通知

  State Council proposes the levy of environmental tax and property tax.

  July 29, 2009

• China Insurance Regulatory Commission, Opinion on the Insurance Industry's Thorough Implementation of the Medical Reform Opinions and Active Participation in the Establishment of a Multi-level Medical Welfare System

  中国保险监督管理委员会关于保险业深入贯彻医改意见 积极参与多层次医疗保障体系建设的意见

  Insurance industry to play a significant part in healthcare reform.

  July 29, 2009

• Anti-Monopoly Commission of the State Council, Guidelines on the Definition of Relevant Market

  国务院反垄断委员会关于相关市场界定的指南

  “Relevant market” defined for China's anti-monopoly law enforcement.

  July 29, 2009

• State Administration for Industry and Commerce, Provisions on Procedures for Investigation and Handling of Cases of Monopolistic Agreements and Cases of Abuse of Dominant Market Position by Administrations for Industry and Commerce

  国家工商行政管理总局工商行政管理机关查处垄断协议、滥用市场支配地位案件程序规定

  Anti-monopoly Law enforcement may be handled by local branches of SAIC.

  July 29, 2009

• Ministry of Commerce, Circular on Matters Relevant to the Review and Administration of Foreign-invested Enterprises in Certain Service Sectors by Competent Provincial-level Commerce Departments and State-level Economic and Technology Development Zones

  商务部关于省级商务主管部门和国家级经济技术开发区审核管理部分服务业外商投资企业相关事项的通知

  Mofcom delegates the approval of FIEs of service sectors to local authorities.

  July 29, 2009

• Supreme People's Court, Opinion on Several Issues Concerning Proper Trial of Enterprise Bankruptcy Cases to Safeguard the Order of the Market Economy and Provide Judicial Protection

  最高人民法院关于正确审理企业破产案件为维护市场经济秩序提供司法保障若干问题的意见

  Shareholders may be liable to discharge the company's debts.

  July 29, 2009

• Ministry of Finance, Circular on Termination of the Policy of Reduction and Exemption of Import Tax and Duty for Taxable Products Subject to Trade Remedy Measures

  财政部关于贸易救济措施应税产品停止执行进口减免税政策的通知

  Trade remedy measures put a halt to tax reduction and exemption.

  June 06, 2009