December 14, 2010
An umbrella law on five types of social insurance promulgated.
Banks allowed to trade bonds on stock exchanges.
FIEs required to pay urban maintenance and construction tax and education surcharge from December 1 2010.
Acceptance of applications for patent priority rights from Taiwan started.
Safe issues seven measures to block hot money inflow.
Tax should be paid in one year for income derived from property transfer.
Taiwanese applicants may file trademark priority rights in the mainland.
A system for registering the informed persons of insider information to be established.
Revised Measures allow outward remittance of Rmb bond proceeds.
This Law has been formulated in order to clarify the application of laws to foreign-related civil relationships, rationally resolve foreign-related civil disputes and safeguard the lawful rights and interests of concerned parties.