Law Digest

• Guangdong Province, Opinions on the Implementation of Administration by List for Enterprise Investment Projects (Trial Implementation)

  广东省企业投资项目实行清单管理的意见 (试行)

  Guangdong is the first province to implement a negative list for investments.

  April 29, 2015

• PRC Legislation Law (Revised)

  中华人民共和国立法法 (修正)

  Administration of the levying of taxes may only be provided for in laws.

  April 29, 2015

• China Banking Regulatory Commission, Guidelines for Risk Management by Commercial Banks of Loans Extended for Mergers and Acquisitions

  中国银行业监督管理委员会商业银行并购贷款风险管理指引

  CBRC relaxes M&A loan requirements.

  April 29, 2015

• National Development and Reform Commission and Ministry of Commerce, Foreign Investment Industrial Guidance Catalogue (Amended in 2015)

  国家发展和改革委员会、商务部外商投资产业指导目录 (2015年修订)

  Foreign investment catalogue revised to allow more foreign shareholding.

  April 29, 2015

• People's Bank of China and General Administration of Customs, Measures for Administration of the Import and Export of Gold and Gold Products

  中国人民银行、海关总署黄金及黄金制品进出口管理办法

  China controls import and export of gold.

  April 29, 2015

• China Securities Regulatory Commission, Guidelines on the Participation in Trading Through the Shanghai-Hong Kong Stock Connect by Publicly Offered Securities Investment Funds

  中国证券监督管理委员会公开募集证券投资基金参与沪港通交易指引

  Mainland Chinese funds may invest in Hong Kong stocks without QDII qualifications.

  April 29, 2015

• Ministry of Land and Resources, Implementing Rules for the Tentative Regulations for the Registration of Immovable Property (Draft for Comments)

  国土资源部不动产登记暂行条例实施细则 (草案征求意见稿)

  Issued: March 26 2015 Main contents: When applying for the registration of joint tenancy of immovable property, the application shall be submitted by all…

  April 29, 2015

• State Administration of Taxation, Announcement on Enterprise Income Tax Issues Relevant to the Implementation of the «Catalogue of Encouraged Industries in Western China»

  国家税务总局关于执行《西部地区鼓励类产业目录》有关企业所得税问题的公告

  Enterprises enjoy tax breaks for investment in Western China.

  April 29, 2015

• Other Recent Legislation in These Two Months

  BankingCircular on the Launching of the Pilot Project for Cross-border Foreign Exchange Payment Business by Payment Institutions关于开展支付机构跨境外汇支付业务试点的通知L3610/15.01.20Environmental…

  March 17, 2015

• State Administration of Foreign Exchange, Implementing Rules for the Measures for the Administration of the Handling of the Settlement and Sale of Foreign Exchange by Banks

  国家外汇管理局银行办理结售汇业务管理办法实施细则

  SAFE eases policy on banks' forex business.

  March 17, 2015