Legal

• China Securities Regulatory Commission, Implementing Rules for Appropriately Restricting Specific Persons Who Have Committed Serious Breaches of Trust from Boarding Trains and Civil Aircraft for a Fixed Period of Time

  中国证券监督管理委员会关于在一定期限内适当限制特定 严重失信人乘坐火车和民用航空器实施细则

  Persons may be deprived of their civil rights as a result of capital market breaches.

  June 07, 2018

• General Office of the People's Bank of China, Circular on Further Clarifying Matters Relevant to the Administration of Foreign Securities Investment by Renminbi Qualified Domestic Institutional Investors

  中国人民银行办公厅关于进一步明确人民币合格境内机构 投资者境外证券投资管理有关事项的通知

  QDIIs restricted from purchasing foreign exchange

  June 07, 2018

• Implementing Rules for the PRC Administration of Foreign-invested Insurance Companies Regulations (Revised)

  中华人民共和国外资保险公司管理条例实施细则(修订)

  Establishment procedures for foreign-invested insurance companies streamlined.

  June 07, 2018

• Central Committee of the Communist Party of China and State Council, Guiding Opinions on Supporting Comprehensive and Extensive Reform and Opening in Hainan

  中共中央、国务院关于支持海南全面深化改革开放的指导意见

  State planning to open up Hainan

  June 07, 2018

• Circular on Continuing to Reduce Social Insurance Premium Rates for a Period of Time

  关于继续阶段性降低社会保险费率的通知

  Reductions in social insurance premiums continue.

  June 06, 2018

• Circular on Enterprise Income Tax Policy Issues Relevant to Integrated Circuit Production Enterprises

  关于集成电路生产企业有关企业所得税政策问题的通知

  Tax incentives are given to promote the IC industry

  June 06, 2018

• China Customs Issues Significant Revision to the Enterprise Credit Management System

  A newly released order provides changes to the existing regime including in information sharing, supervision, and mutual enforcement efforts over companies amongst Chinese government agencies.

  June 06, 2018

  

• Legislation roundup: Tax breaks and money market funds

  Tax breaks are offered to equipment purchase and employee education expenses, and a “T+0 redemption and withdrawal” limit is set for money market funds

  June 06, 2018

• General Office of the Ministry of Justice, Circular on the Establishment of a Pool of Legal Talent with Foreign-related Experience

  司法部办公厅关于建立涉外律师人才库的通知

  China establishes a national pool of legal talent.

  June 05, 2018

• Implementing Regulations for the PRC Environmental Protection Tax Law

  中华人民共和国环境保护税法实施条例

  The calculation method for environmental tax has been clarified

  June 05, 2018