Legal

Tax exemption of software design enterprises extended to entrustment of processing.

CIRC revises establishment criteria for insurance asset management companies.

New rules on market making of newly issued critical-term bonds.

Four new measures to prevent inflow of hot money.

The Announcement allows tax exemption, setoff and refund of tax of integrated circuit design, software design and animation design enterprises to be extended to entrustment of processing.

Affiliated transactions at a premium price require stringent disclosure and decision-making procedure.

Foreign investors placed under the same entry requirements for publication distribution as domestic investors.

Criteria should be met for selecting bancassurance cooperation counterparties.

Futures companies allowed to engage in futures investment consultancy services.