Legislation

• State Council and Central Military Commission, Opinion on Intensifying Reform of the Administration of Low-altitude Airspace in China

  国务院、中央军事委员会关于深化我国低空空域管理改革的意见

  Investment in aviation service stations encouraged.

  December 14, 2010

• General Administration of Customs, PRC Customs Measures for the Supervision of Processing Trade Goods (2nd Revision)

  海关总署中华人民共和国海关对加工贸易货物监管办法 (第二次修正)

  Collateral required for engaging in outsourcing of processing.

  December 14, 2010

• State Council, Regulations for the Administration of the Registration of Resident Representative Offices of Foreign Enterprises

  国务院外国企业常驻代表机构登记管理条例

  Administration of Rep Offices of FIEs tightened.

  December 14, 2010

• Announcement on Issues Concerning the Enterprise Income Tax Treatment of Income Derived from the Transfer of Property, Etc. by Enterprises

  关于企业取得财产转让等所得企业所得税处理问题的公告

  When an enterprise derives revenue from the transfer of property, etc., it shall include all of the revenue in the year that is recognised to be the year in which such revenue is derived.

  December 14, 2010

• PRC Law on the Application of Laws to Foreign-related Civil Relationships

  中华人民共和国涉外民事关系法律适用法

  NPC Standing Committee clarifies when a foreign law would apply to a foreign-related civil relationship.

  December 14, 2010

• State Intellectual Property Office, Several Provisions Concerning the Filing of Patents by Taiwanese Compatriots

  国家知识产权局关于台湾同胞专利申请的若干规定

  Acceptance of applications for patent priority rights from Taiwan started.

  December 14, 2010

• State Administration of Foreign Exchange, Circular on Issues Relevant to Strengthening the Administration of Foreign Exchange Transactions

  国家外汇管理局关于加强外汇业务管理有关问题的通知

  Safe issues seven measures to block hot money inflow.

  December 14, 2010

• Beijing Municipality, Several Opinions on Further Serving the Development of Foreign-invested Enterprises

  北京市关于进一步服务外商投资企业发展的若干意见

  Beijing Municipality relaxes enterprise name registration for FIEs.

  December 14, 2010

• Ministry of Housing and Urban-rural Development, Ministry of Finance, People's Bank of China and China Banking Regulatory Commission, Circular on Issues Relevant to Regulating the Individual Housing Fund Mortgage Loan Policy

  住房和城乡建设部、财政部、中国人民银行、中国银行业监督管理委员会关于规范住房公积金个人住房贷款政策有关问题的通知

  Use of housing funds for property speculation is prohibited.

  December 14, 2010

• State Administration of Taxation, Announcement on Issues Concerning the Enterprise Income Tax Treatment of Income Derived from the Transfer of Property, Etc. by Enterprises

  国家税务总局关于企业取得财产转让等所得企业所得税处理问题的公告

  Tax should be paid in one year for income derived from property transfer.

  December 14, 2010