Enterprise tax deductions further clarified in implementing regulations.
Guangzhou issued urgent circular to prevent companies from getting around the PRC Employment Contract Law.
Cross-shareholdings required to be disclosed in annual reports.
State Council issues transitional preferential tax policies in view of the implementation of the PRC Enterprise Income Tax Law.
Parent securities companies not allowed to compete with their subsidiaries.
Foreign investors allowed wider access to securities joint ventures.
Paid annual leave detailed in regulations.
Guangdong offers preferential tax treatment for purchase of advanced technologies and patents.
Shanghai introduces basic medical insurance for urban residents.
Entry requirements for the coal industry raised.
