Legislation

• State Administration of Foreign Exchange, Circular on Revising the Control Policies Relevant to the Entry into the Interbank Foreign Exchange Market by Financial Institutions

  国家外汇管理局关于调整金融机构进入银行间外汇市场有关管理政策的通知

  Non-bank financial institutions allowed in the interbank forex market.

  December 18, 2014

• Ministry of Commerce and Ministry of Civil Affairs, Announcement on Matters Relevant to the Investment in, and Establishment of, For-profit Elderly Nursing Homes by Foreign Investors

  商务部、民政部关于外商投资设立营利性养老机构有关事项的公告

  Foreign investment in elderly nursing homes encouraged.

  December 18, 2014

• Legislative Affairs Office of the State Council, Deposit Insurance Regulations (Draft for Comments)

  国务院法制办公室存款保险条例 (征求意见稿)

  Issued: November 30 2014Main contents: Deposit-taking banking financial institutions, such as commercial banks, rural cooperative banks and rural credit…

  December 18, 2014

• General Office of the China Insurance Regulatory Commission, Measures for the Administration of Capital Supplementation by Insurance Companies (Draft for Comments)

  中国保险监督管理委员会办公厅保险公司资本补充管理办法 (征求意见稿)

  Issued: November 6 2014Main contents: Insurance companies may use various methods to supplement their actual capital, including but not limited to:(1)…

  December 18, 2014

• State Administration for Industry and Commerce, Tentative Provisions for the Administration of Online Group Promotional Activities for Goods and Services (Draft for Comments)

  国家工商行政管理总局网络商品和服务集中促销活动管理暂行规定（征求意见稿）

  Issued: November 25 2014Main contents: An online group promotion organiser shall check and verify the business entity identity of the business operators…

  December 18, 2014

• Legislative Affairs Office of the State Council, Regulations on the National Social Security Fund (Draft for Comments)

  国务院法制办公室全国社会保障基金条例 (征求意见稿）

  Issued: November 26 2014Main contents: According to the Draft, the National Social Security Fund may invest and operate in domestic markets and foreign…

  December 18, 2014

• Ministry of Finance, State Administration of Taxation and China Securities Regulatory Commission, Circular on the Issue of Provisionally Exempting the Proceeds Derived in China by QFIIs and RQFIIs from the Transfer of Stocks and Other Such Equity Investment Assets from Enterprise Income Tax

  财政部、国家税务总局、中国证券监督管理委员会关于QFII和RQFII取得中国境内的股票等权益性投资资产转让所得暂免征收企业所得税问题的通知

  QFIIs exempted from income tax related to Shanghai-Hong Kong Stock Connect.

  December 18, 2014

• Ministry of Finance, State Administration of Taxation and China Securities Regulatory Commission, Circular on Tax Policies Relevant to the Pilot Project for the Mechanisms to Provide Mutual Trading Access Between the Shanghai and Hong Kong Stock Markets

  财政部、国家税务总局、中国证券监督管理委员会关于沪港股票市场交易互联互通机制试点有关税收政策的通知

  Investors in Shanghai-Hong Kong Stock Connect exempted from income tax and business tax provisionally.

  December 18, 2014

• Circular on Revising the Control Policies Relevant to the Entry into the Interbank Foreign Exchange Market by Financial Institutions

  关于调整金融机构进入银行间外汇市场有关管理政策的通知

  Non-bank financial institutions allowed in the interbank forex market.

  December 18, 2014

• Guangdong Province, Enterprise Collective Contract Regulations (Revised)

  广东省企业集体合同条例 (修订)

  Guangdong allows collective wage bargaining.

  December 11, 2014