October 10, 2009
The Measures set forth the procedure for establishing a consumer finance company. The minimum registered capital required is Rmb300 million.
The Circular clarifies the determination of the taxable income derived from stock appreciation rights and restricted stock.
The revised Policy removes the Articles on the reporting of import of automobile parts and components that constitute the characteristics of a whole vehicle.
September 04, 2009
Closer monitoring of secondment of expats to China.
Pricing for exchangeable bonds made clear.
Sasac restricts state-owned shareholders from reducing shareholdings.
More scrutiny of banks' M&A activity.
China issue rules to regulate provision of financial information services by foreign organisations.
Special measures provided for risk control of project finance.
Private equity and venture capital companies allowed registration in Shanghai.