Legal

Advertising expenditures of cosmetic, pharmaceutical and beverage enterprises may be deducted against 30% of their sales revenues.

The Interpretation defines terms such as "a well-informed person with inside information regarding a securities or futures transaction" and "period of sensitivity of inside information".

The Shanghai Municipal Government has released Opinions encouraging multinationals to set up regional headquarters there, but will this cause tension with Beijing, which is expected to respond with a counter offer

The CSRC has issued Guidelines over information disclosures for companies offering securities, while the CIRC has produced a circular to support the professional operation of car insurance agencies

Zhang Wei, general manager of the legal department at ICBC, talks with David Tring about his hopes for legislation in 2013 and how the bank's expanding global reach is affecting his work

Zhang Wei, general manager of the legal department at ICBC, talks with David Tring about his hopes for legislation in 2013 and how the bank's expanding global reach is affecting his work

Draft Measures from the NDRC should simplify procedures for outbound investment, but have raised fears of conflict with China's other regulators over who gives the first approval

The Ministry of Land and Resources has issued Opinions regulating land registration to crack down on illegal land use by setting up a review system

Louise Jing, labour counsel for General Electric, talks to China Law & Practice about taking a different approach when it comes to national and provincial-level regulations and dealing with local authorities