Legal

Beijing replaces temporary residence permits with residence permits.

Patent fees may be reduced upon request.

Universal insurance expanded to more than 50% of the Chinese regions.

Insurance companies required to disclose material company changes on their websites.

Petrochemical industry invites foreign M&A.

Private asset management business further regulated.

National Legislation  Banking and Finance Guiding Opinions on Creating a Green Finance System关于构建绿色金融体系的指导意见L3600/16.08.31 Commerce Ministry…

Khaitan & Co

Multinational companies are the target of focus as China beefs up regulations and reporting requirements to crack down on avoidance and close transfer pricing loopholes. 中国加强法规和申报规定来打击避税，填补转让定价漏洞，跨国公司成为重点目标。