Legal

Aggregate income is applied to individual income tax, foreign companies may use the word “China” in its names and four industries will be opened for power deregulation.

Establishment of representative offices of foreign insurance institutions madeeasier

The negative list for foreign investment is relaxed, foreigners are encouraged to invest in the A-share market and insurance companies are required to include independent directors.

FTZ negative list is revised, establishment of financial asset investment companies is specified, commissioned offshore R&D expenses may be super-deducted and enterprises are restricted from purchasing housing in Shanghai.

An introductory overview of third party funding in the international markets

National security reviews imposed on IPR transfers

Foreign investors allowed controlling shareholdings in securities companies

Criteria for unmanned aircraft permits set out

Only financial institutions may engage in online asset management sales.