By Hubert Tse and Sandra [email protected]; [email protected] Chinese stock market continues to outperform all the equity markets around…
Insurance enterprises allowd to obtain pre-tax deductions of commission expenses for surrendered insurance policies.
Individual income tax on savings interest significantly reduced.
Requirements on deposit payment loosened for processing trade enterprises.
Ten new types of bribe-taking by state personnel defined.
Individual Chinese citizens allowed to invest in the Hong Kong stock market.
Policy encouraging foreign exchange from exports removed.
The appointment of a chief risk officer required in futures companies.
Land value-added tax levied to cool down the property market in Shanghai.
Application of foreign laws excluded from five more types of contracts.
