Legal

Including: Measures for the Administration of Information Disclosure in Connection with Commercial Franchising

Public invitations for bids must be carried out for projects with controlling or majority investments from state-owned funds.

Implementing Regulations finally come out after the promulgation of the PRC Law on the Invitation for and Submission of Bids in 1999, preventing the restriction or preclusion of potential bidders.

Pre-tax allocation of lease financing receivables allowed for financial enterprises.

Enterprises required to fund and staff an employment dispute mediation committee.

Applicants may file complaints against CSRC M&A decisions.

Full disclosure of investment risks and potential losses required by capital-raising parties

Foreign companies before CIETAC arbitration can now obtain a procedural order for an immediate action to protect their interests

The National Development and Reform Commission released a new policy this month stopping foreigners from obtaining medium- or long-term mortgages. This is the latest move by the government to cool China's property market.