Legal

• Asset Management Association of China, Guidelines for the Administration of the Record Filing of the Private Asset Management Plans of Securities and Futures Firms No.4: Investment by Private Asset Management Plans in Real Property Developers and Projects

  中国证券投资基金业协会证券期货经营机构私募资产管理计划备案管理规范第4号-私募资产管理计划投资房地产开发企业、项目

  Curbs on private fund investment in real property.

  May 09, 2017

• Ministry of Housing and Urban-rural Development and Ministry of Land and Resources, Circular on the Work Associated with Strengthening Administration and Control of Housing and Land Supply at Present

  住房城乡建设部、国土资源部关于加强近期住房及用地供应管理和调控有关工作的通知

  Housing supply is encouraged in cities with high demand.

  May 09, 2017

• State Administration of Foreign Exchange, Circular on Issues Relevant to Control of the Foreign Exchange Risks of Foreign Institutional Investors on the Interbank Bond Market

  国家外汇管理局关于银行间债券市场境外机构投资者外汇风险管理有关问题的通知

  FX derivatives trading opened up to foreign institutional investors.

  May 09, 2017

• National Development and Reform Commission and Ministry of Commerce, Catalogue for Foreign Investment in the Dominant Industries of the Central and Western Regions (Revised in 2017)

  国家发展和改革委员会、商务部中西部地区外商投资优势产业目录 (2017年修订)

  The new catalogue further opens central and western China up to high-tech FDI.

  May 09, 2017

• China Food and Drug Administration, Decision on Revising Matters Relevant to the Administration of the Registration of Imported Pharmaceuticals (Draft for Comments)

  国家食品药品监督管理总局关于调整进口药品注册管理有关事项的决定 (征求意见稿)

  Issued: March 17 2017 Main contents: With a view to encouraging the simultaneous conduct of foreign and domestic clinical trials, after approval,…

  May 09, 2017

• Implementing Rules for the PRC Sino-foreign Co-operative Joint Venture Law (Revised)

  中华人民共和国中外合作经营企业法实施细则 (修订)

  The withdrawal procedures for a foreign partner exiting a co-operative joint venture have been eased.

  May 09, 2017

• China Securities Regulatory Commission, Implementing Rules for the Private Offering of Shares by Listed Companies (2nd Revision)

  中国证券监督管理委员会上市公司非公开发行股票实施细则 (第二次修订)

  Pricing of private offerings subject to market mechanism.

  May 09, 2017

• Other Recent Legislation

  National Legislation AgricultureGuiding Opinions on Promoting Public-private Partnerships in the Agricultural Sector关于推进农业领域政府和社会资本合作的指导意见L4300/16.12.06 Regulations…

  May 09, 2017

• State Administration of Taxation, Measures for the Administration of the Refund of Value-added Tax on Chinese-made Equipment Procured by Research and Development Institutions

  国家税务总局研发机构采购国产设备增值税退税管理办法

  SAT has increased supervision of foreign R&D institutions' tax refund eligibility.

  May 09, 2017

• Ministry of Education, Ministry of Human Resources and Social Security and State Administration for Industry and Commerce, Implementing Rules for the Regulation of Private For-profit Schools

  教育部、人力资源和社会保障部、国家工商行政管理总局营利性民办学校监督管理实施细则

  Private for-profit schools have been subject to separate administration.

  May 09, 2017