Legal

Michael Hickman and Lesli Ligorner provide foreign investors with a guide to setting up a R&D facility in China. They consider location, IP and labour issues, and give crucial advice for protecting the facility's creations

Set of tax policies issued to encourage private investment in various sectors.

A single private insurance shareholder may hold a stake of more than 20%.

VAT reform extended to eight more provinces and cities.

Futures companies allowed to tap into the wealth management business.

Asset-backed notes issued on the interbank bond market.

Private capital encouraged for the establishment of Sino-foreign cooperative joint schools.

Private capital encouraged to the oil product market.

Safe no longer requires settlement of foreign exchange received from exports.