A debt-for-equity swap shall be subject to a capital verification by a lawfully-established capital verification institution.
The revised Rules raise the thresholds for the levy of business tax.
New anti-money laundering measures prohibit equity investment from unlawful fund sources.
Issue of subordinated debt with fixed term by insurance companies tightened.
More outbound cross-border Rmb investments expected from FDI earnings.
Onshore oil exploitation pays resource tax.
Listed companies required to set up files of persons with insider information.
National legislationBankingSupplementary Circular on Supporting Further Improvement of Financial Services for Small and Micro-enterprises by Commercial…
Export foreign exchange procedures streamlined.
FDI in Rmb officially allowed.