Legal

Exemptions in business tax for high and new technology-related expenses.

After the PRC accession to WTO, the threshold for a "large-scale commercial enterprise" is gradually lowered.

Davis Wright TremaineThe Shanghai Municipal Government recently established the Chemical Industry Park (the Park), which is designed to be an industrial…

These procedures aim to help to protect against copyright infringement in computer software.

Jones, Day, Reavis & PogueOverviewChina's pharmaceutical sector is expected to continue to grow at a healthy rate of between 15.0% and 17.0% in 2002.…

Baker & McKenzieThe new Foreign Investment Industrial Guidance Catalogue (外商投资产业指导目录) (see page 37) reflects China's World Trade…

Issued: November 29 2001Effective: 2001Main contents: The Circular stipulates that where there is a difference between the income tax rate applicable to…

Promulgated: February 8 2002Effective: as of date of promulgationInterpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC) and…

Promulgated: February 11 2002Effective: March 1 2002Applicability: The Measures apply to all service industry outlets, including hotels, restaurants, bars,…