Legal

A series of new policies recently released to attract foreign investment demonstrates China's aim to diversify foreign direct investment, channel money into the central and western regions, and encourage environmentally-friendly and high-tech industries to set up onshore. However, the rules are fairly general and more legislation will be needed for proper implementation

China seeks to levy property taxes.

Private sector investments allowed in commercial bank equity investment.

China's first tort liability law.

SPC sets standards for trying trademark cases.

Sat sets forth clear guidelines for separating PRC and non-PRC revenues of non-tax-residents.

SAIC issues policies to encourage more foreign investment.

Foreign parties may purchase only one unit of premises as before.

Beijing requires the verification of household and marriage certificates when purchasing property.