Legislation

Chinese and foreign law firms allowed to handle legal matters together in the form of associations in the Shanghai FTZ.

Tax relief procedures simplified.

Issued: June 10 2015Main contents: The Draft replaces pollutant discharge/emission fees with the environmental protection tax on the strength of a law.…

CSRC prevents backdoor listing from circumventing regulation.

Foreign-funded financial institutions are permitted to establish foreign-funded banks in Beijing.

SIPO strengthens IP protection in exhibitions.

CBRC relaxes M&A loan requirements.

Government pricing removed from pharmaceuticals.

Issued: May 6 2015Main contents: The Draft reduces specific pricing items to 25, representing a reduction of approximately 80% as compared to the 2001…