IPOs not allowed within a year of thorough reorganization.
Standards of asset appraisal firms controlled to protect the securities market.
Recent legislative activities from China
Return of leaseholds exempted from business tax.
Foreign enterprises pay income tax according to the Gregorian calendar year.
Threshold for recognition as material asset reorganizations raised.
Criteria for board resolution on material asset reorganization further detailed.
33 types of documents required for information disclosure for material asset reorganizations.
Credible import/export enterprises exempted from customs inspection.
Commercial banks allowed to engage in gold futures trading.
