Legal

Mainland Chinese enterprises allowed to issue renminbi bonds in Hong Kong.

The senior partner of a Sino-foreign cooperative joint venture accounting firm must have Chinese citizenship.

All enterprises required to establish employee representative congresses.

Clarification on the pre-tax deduction of business entertainment expenditures for the enterprise preparatory period.

Explanation required from listed companies with low level of cash dividends.

National legislationConstitution and legal systemSeveral Provisions for the Implementation by People's Courts of Probity Rules to Prevent Conflicts of…

Companies may institute anti-monopoly actions directly with the people's court without recognition by administrative departments.

The Report derives 44 law application issues with general guiding significance from 34 carefully selected typical cases, including patent, trademark, copyright and competition cases.

New Rules on democratic management are part of the government's labour initiative. They build on economic policy, local regulations and unionisation plans, but without a relevant body to enforce against foreign invested enterprises, their impact is uncertain