Law Digest

• People's Bank of China, Circular on Strengthening the Macro Prudential Administration of Forward Exchange Sales

  中国人民银行关于加强远期售汇宏观审慎管理的通知

  Risk reserve contributions required for forward exchange sales.

  September 15, 2015

• China Securities Regulatory Commission, Ministry of Finance, State-owned Assets Supervision and Administration Commission of the State Council and China Banking Regulatory Commission, Circular on Encouraging Mergers and Restructurings, Distributions of Cash Dividends and Share Buybacks by Listed Companies

  中国证券监督管理委员会、财政部、国务院国有资产监督管理委员会、中国银行业监督管理委员会关于鼓励上市公司兼并重组、现金分红及回购股份的通知

  Listed companies encouraged to distribute cash dividends

  September 15, 2015

• Ministry of Housing and Urban-rural Development, Ministry of Finance and People's Bank of China, Circular on Revising the Percentage of the Minimum Down Payment When Purchasing Residential Premises with a Personal Housing Loan from the Housing Reserve

  住房和城乡建设部、财政部、中国人民银行关于调整住房公积金个人住房贷款购房最低首付款比例的通知

  Housing reserve loan restrictions relaxed.

  September 15, 2015

• People's Bank of China, Regulations for Non-Deposit Taking Lending Organizations (Draft for Comments)

  中国人民银行非存款类放贷组织条例（征求意见稿）

  Issued: August 12 2015 Main contents: A non-deposit taking lending organization wishing to engage in lending business through an internet…

  September 08, 2015

• State Council, Opinions on Promoting the Accelerated Development of the Financing Security Industry

  国务院关于促进融资担保行业加快发展的意见

  Financing security support stressed for micro-business and agriculture.

  September 07, 2015

• Ministry of Culture, Circular on Implementing the Policies for the Administration of the Culture Markets in the China (Guangdong) Pilot Free Trade Zone, the China (Tianjin) Pilot Free Trade Zone and the China (Fujian) Pilot Free Trade Zone

  文化部关于实施中国(广东)自由贸易试验区、中国(天津)自由贸易试验区、中国(福建)自由贸易试验区文化市场管理政策的通知

  Free trade zones allow WOFEs in cultural performance.

  August 31, 2015

• PRC Law on Commercial Banks (Revised)

  中华人民共和国商业银行法 (修正)

  Loan-to-deposit ratio relaxed.

  August 31, 2015

• Ministry of Finance, National Development and Reform Commission and People's Bank of China, Guiding Opinions on Promoting the Public-private Partnership Model in Public Service Sectors

  财政部、国家发展和改革委员会、中国人民银行关于在公共服务领域推广政府和社会资本合作模式的指导意见

  PPP encouraged in the public service sectors.

  August 31, 2015

• General Office of the State Council, Circular on Transmitting the «China Banking Regulatory Commission, Guiding Opinions on Promoting the Development of Private Banks»

  国务院办公厅转发银监会关于促进民营银行发展指导意见的通知

  China encourages the establishment of private banks.

  August 20, 2015

• Ministry of Transport, Regulations for the Administration of Tolled Roads (Draft for Comments on Amendments)

  交通运输部收费公路管理条例 (修订征求意见稿)

  Issued: July 21 2015Main contents: The term of operation for a highway concession may not exceed 30 years. However, for highways with large investments…

  August 10, 2015