Legal

The Circular issued to promote private medical institutions still needs clarity on regulatory procedures and whether WFOE hospitals can really be set up. Foreign investors must pay particular attention to developments at the local level, says Nicolas Zhu

The PBOC has further regulated FX sales, listed companies have been encouraged to increase profit distributions and the minimum down payment for housing has been reduced

Individual income tax policy revised to encourage long-term stock investment.

MOFCOM approved AB InBev's increased shareholding in Pearl River Beer, the work safety department head was sacked for corruption, e-commerce eyed growth opportunities away from cities and COFCO Coca-Cola opened a factory

Issued: August 12 2015 Main contents: A non-deposit taking lending organization wishing to engage in lending business through an internet…

Financing security support stressed for micro-business and agriculture.

Free trade zones allow WOFEs in cultural performance.

The NPC has passed the amended PRC Criminal Law, R&D in science and technology has been encouraged and the investment scope of old-age insurance funds has been clarified

Loan-to-deposit ratio relaxed.