Legislation

Mofcom makes approvals for outbound investment faster and smoother.

Overlap between IP and unfair competition tackled.

Approval for foreign investments streamlined further.

NATIONAL LEGISLATIONCONSTITUTION AND LEGAL SYSTEMMinistry of Justice, Decision on Repeal of 12 Rules Promulgated by the Ministry司法部关于废止十二件部颁规章的决定L1400/09.02.26…

Tougher penalties for insider dealing.

Mofcom hands down more approval authority.

Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.

Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.

The amended Law allows insurance companies to invest in bonds, stocks, securities investment fund shares and immovable property.