Legal

• China Insurance Regulatory Commission, Circular on Strengthening and Improving the Oversight of the Percentages for the Application of Insurance Capital

  中国保险监督管理委员会关于加强和改进保险资金运用比例监管的通知

  CIRC relaxes investment percentage restrictions on investments of insurance capital.

  March 10, 2014

• State Council, Implementing Regulations for the PRC Law on the Protection of State Secrets

  国务院中华人民共和国保守国家秘密法实施条例

  Confidentiality agreements required when state secrets are involved.

  March 10, 2014

• State Council, Decision on the Abolition and Delegation to Lower Level Authorities of a Group of Items Subject to Administrative Examination and Approval and Other Such Matters

  国务院关于取消和下放一批行政审批项目等事项的决定

  State Council facilitates engagement in the telecom business.

  March 10, 2014

• State Administration of Foreign Exchange, Circular on Further Improving and Revising the Policy for Control of Foreign Exchange on the Capital Account

  国家外汇管理局关于进一步改进和调整资本项目外汇管理政策的通知

  China's new breakthrough in relaxation of forex control on the capital account.

  March 10, 2014

• Ministry of Environmental Protection, National Development and Reform Commission, People's Bank of China and China Banking Regulatory Commission, Measures for Assessment of the Environmental Credit of Enterprises (Trial Implementation)

  环境保护部、国家发展和改革委员会、中国人民银行、中国银行业监督管理委员会企业环境信用评价办法 (试行)

  Enterprises will be assessed by their environmental credit ratings.

  March 10, 2014

• State Administration for Industry and Commerce, Circular on the Termination of Annual Inspections of Enterprises

  国家工商行政管理总局关于停止企业年度检验工作的通知

  China terminates enterprise annual inspections.

  March 10, 2014

• State Council, Plan for Reforming the Registered Capital Registration System

  国务院注册资本登记制度改革方案

  China implements new registration system for registered capital subscription.

  March 10, 2014

• China Securities Regulatory Commission, Rules for the Preparation and Submission of Information Disclosures by Companies That Offer Securities to the Public No. 26: Special Provisions for Information Disclosures by Commercial Banks (2014 Revision)

  中国证券监督管理委员会公开发行证券的公司信息披露编报规则第26号——商业银行信息披露特别规定 (2014年修订)

  Banks required to disclose more information on affiliated transactions.

  March 10, 2014

• Ministry of Finance, Interpretation of Enterprise Accounting Guidelines No.6

  财政部企业会计准则解释第6号

  MOF explains accounting treatment for mergers of enterprises subject to the same control.

  March 10, 2014

• PRC Company Law (2013 Revision)

  中华人民共和国公司法 (2013年修正)

  The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.

  March 10, 2014