Legal

• People's Bank of China and China Banking Regulatory Commission, Announcement [2009] No.14

  中国人民银行、中国银行业监督管理委员会公告〔2009〕第14号

  Lease financing companies and auto finance companies allowed to issue bonds.

  October 10, 2009

• Ministry of Health, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Finance, Ministry of Human Resources and Social Security, Ministry of Commerce, State Food and Drug Administration, State Administration of Traditional Chinese Medicine, Measures for the Administration of State Essential Pharmaceuticals Lists (Tentative)

  卫生部、国家发展和改革委员会、工业和信息化部、监察部、财政部、人力资源和社会保障部、商务部、国家食品药品监督管理局、国家中医药管理局国家基本药物目录管理办法 (暂行)

  Safety and pricing emphasised in essential medicine lists.

  October 10, 2009

• Three-dimensional trade marks – registration and protection

  Rouse Sophia [email protected] is now eight years since China's trade mark law was amended to provide for the registration of 3-D marks. The law…

  October 10, 2009

• State Administration of Taxation, Circular on Clarifying Issues Concerning the Implementation of Several Individual Income Tax Policies

  国家税务总局关于明确个人所得税若干政策执行问题的通知

  Directors' fees treated as wages for individual income tax purposes.

  October 10, 2009

• CBRC promotes orderly wealth management

  Llinks Law OfficesCharles Qin and Jennifer [email protected], [email protected] China Banking Regulatory Commission (CBRC)…

  October 10, 2009

• Ministry of Health, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Finance, Ministry of Human Resources and Social Security, Ministry of Commerce, State Food and Drug Administration and State Administration of Traditional Chinese Medicine, Implementing Opinion on the Establishment of the State System of Essential Pharmaceuticals

  卫生部、国家发展和改革委员会、工业和信息化部、监察部、财政部、人力资源和社会保障部、商务部、国家食品药品监督管理局、国家中医药管理局关于建立国家基本药物制度的实施意见

  Regions encouraged to reduce the price of essential medicines.

  October 10, 2009

• Mofcom gives conditional approval to GM/Delphi and Pfizer/Wyeth

  Mild behavioural conditions imposed

  October 10, 2009

• Chinese companies invest outside their comfort zone

  Chinese businesses are showing an increasing appetite for offshore assets; but no opportunity comes without risk, and there are many dangers overseas

  October 10, 2009

• Cleantech and Chinese economic success

  As China develops its strategies to fight climate change, foreign companies and venture capital investors must carefully observe existing cleantech regulations and keep a close eye on forthcoming measures

  October 10, 2009

• State Administration of Foreign Exchange, Provisions on Foreign Exchange Control in Connection with Overseas Direct Investment by Organisations in China

  国家外汇管理局境内机构境外直接投资外汇管理规定

  Forex funds and overseas profits can be used for ODI projects.

  October 10, 2009