Legal

• People's Bank of China and China Banking Regulatory Commission, Circular on Issues Relevant to Improving the Differential Loan Policies on Residential Premises

  中国人民银行、中国银行业监督管理委员会关于完善差别化住房信贷政策有关问题的通知

  Loans to purchase third property stopped.

  November 09, 2010

• Ministry of Finance, State Administration of Taxation and Ministry of Housing and Urban-rural Development, Circular on Revising the Preferential Policies for Deed Tax and Individual Income Tax Relating to Real Property Transactions

  财政部、国家税务总局、住房和城乡建设部关于调整房地产交易环节契税、个人所得税优惠政策的通知

  Thresholds for preferential property-related tax policies raised.

  November 09, 2010

• China Securities Regulatory Commission, Trial Measures for the Administration of Overseas Securities Investment by Qualified Domestic Institutional Investors: Opinion on the Application of Securities and Futures Laws No.6

  中国证券监督管理委员会〈合格境内机构投资者境外证券投资管理试行办法〉—证券期货法律适用意见第6号

  CSRC allows overseas securities investment of targeted asset management business of QDIIs.

  November 09, 2010

• Guangzhou City, Opinion on Implementation of the Macroeconomic Policy of Ministry of Housing and Urban-rural Development and other Departments and Commissions in Order to Promote the Sustainable Healthy Development of the Real Property Market of the City

  广州市关于贯彻住建部等部委宏观调控政策促进我市房地产市场持续健康发展的意见

  Guangzhou imposes age restriction on purchase of property.

  November 09, 2010

• Circular on Issues Relevant to the Examination, Approval and Administration of Foreign-invested Projects for Sales Effected over the Internet and by Vending Machines

  关于外商投资互联网、自动售货机方式销售项目审批管理有关问题的通知

  Application procedures for foreign-invested projects for sale effected over the Internet and by vending machines streamlined.

  November 09, 2010

• Tentative Measures for the Administration of the Application of Insurance Capital

  保险资金运用管理暂行办法

  CIRC controls margin trading of insurance companies and prohibits speculation.

  November 09, 2010

• Surtaxes signal end of preferential tax policies for foreign investors

  Concentrate on tax policy transparency and consistent enforcement

  November 09, 2010

• Adapt to new law by selecting suitable social insurance for all workers

  Social Insurance Law consolidates provisions in various social insurance-related regulations

  November 09, 2010

• Other Recent Legislation for This Month

  National legislation BankingMeasures for the Administration of Renminbi Bank Settlement Accounts of Overseas Institutions境外机构人民币银行结算账户管理办法L3610/10.09.29 CommerceMinistry…

  November 09, 2010

• The bright side of trade unions

  Labour unions can help open communication channels

  November 09, 2010