Legislation

The maximum translation rate for stocks underlying margin trading or short sale of securities shall not exceed 65%.

Shenzhen Stock Exchange serves as the platform for margin trading and short sale of securities.

VAT reform extended to eight more provinces and cities.

SIPO offers prioritised examination of invention patent applications involving energy conservation, new energy, alternative energy vehicles and low carbon technology.

When the Law comes into effect on July 1 2013, the work-type residence permits of foreigners will be valid from 90 days to five years while the non-work-type residence permits will be valid from 180 days to five years.

National legislation IndustriesConditions for Entry into the Wine Industry 葡萄酒行业准入条件 L5700/12.05.29 Trial Measures for Oversight of the…

Maternity leave for female workers extended from 90 to 98 days.

Market access threshold of insurance intermediaries raised to Rmb50 million.

Private investors may establish for-profit or not-for-profit hospitals.