March 17, 2008
Motorola acquired the assets related to digital cable set-top products of Zhejiang Dahua Digital Technology Co and Hangzhou Image Silicon, known collectively as Dahua Digital.
The limit for deduction of expenses raised for wage income of individuals.
Liability for compensation of motor vehicle drivers in traffic accidents revised.
China sets entry requirements for manufacture of alternative energy vehicles.
Premiums raised for mandatory traffic accident insurance.
Criteria for retrial of civil cases revised.
More banks are allowed to provide loans for the development of economically affordable residential premises.
Hong Kong and Macao insurance agencies allowed to set up wholly-owned insurance agencies on the mainland.
Certain enterprises prepaying tax on a monthly basis now may prepay tax on a quarterly basis.
Calculation of working hours and hourly wage specified.