Legal

• PRC Employment Promotion Law

  中华人民共和国就业促进法

  Law to prevent employment discrimination.

  November 02, 2007

• China Banking Regulatory Commission, Opinion on Effectively Safeguarding against the Risks of Providing Security for the Issuance of Bonds by Enterprises

  中国银行监督管理委员会关于有效防范企业债担保风险的意见

  CBRC stops security provision for corporate bonds.

  November 02, 2007

• State Administration of Taxation, Circular on Amending the Tax Returns for Self Declaration by Individuals with an Annual Income of Rmb120,000 or More

  国家税务总局关于修改年所得12万元以上个人自行纳税申报表的通知

  Reporting of revenue from individuals' share transfer required in tax returns.

  November 02, 2007

• Shenzhen Stock Exchange, Working Guidelines for Information Disclosure of Listed Companies (No. 7): Changes to Accounting Policies and Accounting Estimates

  深圳证券交易所上市公司信息披露工作指引第7号–会计政策及会计估计变更

  Shenzhen Stock Exchange curbs listed companies' tampering of accounting results.

  November 02, 2007

• Guangzhou Municipality, Circular on Increasing the Minimum Amount Subject to Business Tax in the Municipality

  广州市关于提高我省营业税起征点的通知

  Guangzhou reduces the lower threshold for business tax.

  November 02, 2007

• People's Bank of China, Provisions for the Administration of the Forward Rate Agreement Business

  中国人民银行远期利率协议业务管理规定

  PBOC launches forward rate agreements.

  November 02, 2007

• Other Recent Legislation for this Month

  National LegislationAVIATIONPRC Basic Aviation Rules (2nd Revision)中华人民共和国飞行基本规则（第二次修订）L4700/07.10.18CUSTOMSPRC…

  November 02, 2007

• China Insurance Regulatory Commission, Guidelines for Compliance Management by Insurance Companies

  中国保险监督管理委员会保险公司合规管理指引

  Guidelines for insurance companies to cope with compliance risks.

  November 02, 2007

• China Banking Regulatory Commission, Circular on the Full Implementation of the «Enterprise Accounting Guidelines» by Financial Institutions in the Banking Industry

  中国银行监督管理委员会关于银行业金融机构全面执行《企业会计准则》的通知

  New guidelines to control manipulation of profits by banks.

  November 02, 2007

• China Securities Regulatory Commission, Circular on Issues Relevant to Audit of Companies that Issue Foreign Investment Shares Listed in China

  中国证券监督管理委员会关于发行境内上市外资股的公司审计有关问题的通知

  Double audit requirement of B shares cancelled.

  November 02, 2007