This week the CSRC approved the Shenzhen and Shanghai listings of 10 companies, authorities busted the country's largest underground bank and a study ranked China as the top emerging market for clean energy investment
The PBOC and regulators have enhanced currency convertibility in the Shanghai FTZ, permitted the selling of funds between the mainland and Hong Kong and defined the categories of financial enterprises
This week the IMF supported making the renminbi a reserve currency, the deputy head of the CSRC was suspected of corruption, Dali Foods' IPO raised $1.5 billion and China clamped down on DVD imports
New rules expand tax super-deductions to all R&D-related expenses including outsourcing fees and simplify guidelines with a negative list. Companies no longer need approval and can expect fewer negotiations with authorities
Online apps including Weibo and WeChat have been regulated for copyright and the CSRC has abolished prepayments for IPOs and increased disclosure requirements for issuers and underwriters
