Legal

Export tax rebate rate lowered for textile products.

Opinion issued to clarify under which circumstances an FIE is required to pay a place use fee.

China revitalises its property market to increase domestic demand in view of the financial crisis.

Procedural obstacle cleared for increase of shareholding through Shanghai Stock Exchange.

Exchangeable bonds issued to solve problems of unloading non-tradable shares.

MOFCOM delegates its FIE approval power to lower level departments.

The Circular states that, with certain exceptions, the investment in and establishment of commercial enterprises by foreign investors shall be subject to the examination of the provincial-level departments in charge of commerce.

CIRC monitors insurance company solvency through inspections.

Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…