December 18, 2008
More high-end products subject to consumption tax.
Criteria for assessing solvency of insurance companies elaborated
VAT system changed from production-based to consumption-based.
Report suggests provinces bear responsibilities for their own emissions
Macnica, a company listed on the Tokyo Stock Exchange, has bought Cytech Technology and its subsidiaries in the PRC for US$55 million.Cytech distributes…
Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
IPO sponsors required to keep working drafts.
Negotiation of share prices allowed for bankruptcy restructuring
Securities companies allowed to apply for margin trading and short selling.
Limits on shareholding period of securities companies to prevent short-term speculation.