Legislation

Conversion of unlisted foreign investment shares into tradable B-shares streamlined.

The Provisions allow securities companies to engage in margin trading and short sale of securities.

The Circular elaborates matters concerning the Provisions for the Administration of the Solvency of Insurance Companies.

A sponsor shall establish a sound working draft system, and keep separate sponsorship working drafts for each project.

Export tax rebate rate lowered for textile products.

Opinion issued to clarify under which circumstances an FIE is required to pay a place use fee.

Curbs on property transactions lifted.

The Opinion specifies that if a foreign-invested enterprise obtained the leasehold through grant, it is not required to pay place use fees as it has already paid a land grant fee.

National LegislationBANKINGOpinion on Accelerating the Innovation of Rural Financial Products and Mode of Services关于加快推进农村金融产品和服务方式创新的意见L3600/08.10.15FOREIGN…