Legal

• Civil Aviation Administration of China, Rules for the Administration of the Trial Operation of Specific Types of Unmanned Aerial Vehicles (Tentative)

  中国民用航空局特定类无人机试运行管理规程 (暂行)

  Unmanned aerial vehicles are regulated to mitigate risks

  March 13, 2019

• Shanghai Stock Exchange, Rules for Listing Shares on the Science and Technology Innovation Board (Draft for Comments)

  上海证券交易所科创板股票上市规则 (征求意见稿)

  Issued: January 30, 2019  Main contents: An issuer applying to list on the Science and Technology Innovation Board of the Shanghai…

  March 13, 2019

• General Office of the State Council, Plan for the Pilot Project for the Arrangement by the State of the Centralized Procurement and Use of Pharmaceuticals

  国务院办公厅国家组织药品集中采购和使用试点方案

  Eleven pilot cities will carry out centralized procurement of Pharmaceuticals

  March 13, 2019

• Supreme People's Court, Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters by the Courts of the Mainland and of the Hong Kong Special Administrative Region

  最高人民法院关于内地与香港特别行政区法院相互认可和执行民商事案件判决的安排

  Mainland China and Hong Kong/Macao make progress in reciprocal enforcement of judgments

  March 13, 2019

• Ministry of Human Resources and Social Security, Ministry of Education and Seven Other Departments, Circular on Further Regulating the Recruitment of Employees to Promote the Employment of Women

  人力资源社会保障部、教育部等九部门关于进一步规范招聘行为促进妇女就业的通知

  Marital or maternity status may not be asked when hiring female employees

  March 13, 2019

• China Banking and Insurance Regulatory Commission, Measures for the Administration of Anti-money Laundering and Anti-terrorist Financing by Banking Financial Institutions

  中国银行保险监督管理委员会银行业金融机构反洗钱和反恐怖融资管理办法

  Anti-money laundering and anti-terrorist financing is targeted at funding of new financial institutions

  March 13, 2019

• China Accelerates National Fintech Development Plan

  The People's Bank of China will roll out an ambitious plan for fintech following enthusiasm during the Two Sessions.

  March 13, 2019

  

• Implementing Regulations for the PRC Individual Income Tax Law (4th Revision)

  中华人民共和国个人所得税法实施条例 (第四次修订)

  Residency rules clarified for individuals without a residence in China

  March 12, 2019

• How the Individual Income Tax Reform Impacts Expats Residing in China?

  David Liu and Tianxiao Jin of FuJae Partners examine the major amendments to the Individual Income Tax Law, its Implementing Regulations and new supplemental tax circulars, and their impact on expatriate taxpayers

  March 12, 2019

  

• In the News: Patent Agency Rules; Securities Risks and Ride Hailing

  China adopts new rules for patent agencies; new CSRC boss Yi Huiman warns of market risks; and the government is urged to relax rules on ride-hailing driver services.

  March 11, 2019