Legislation

• General Office of State Council, Several Current Opinions on Promoting Economic Development with Financial Policies

  国务院办公厅关于当前金融促进经济发展的若干意见

  State Council issues 30 measures to boost the economy.

  December 18, 2008

• Circular on Issues Relevant to the Conversion of Unlisted Foreign Investment Shares of Foreign-invested Companies Limited by Shares into Tradable B-shares

  关于外商投资股份有限公司非上市外资股转B股流通有关问题的通知

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

  December 18, 2008

• Tentative Provisions for the Examination and Approval of the Scope of Business of Securities Companies

  证券公司业务范围审批暂行规定

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

  December 18, 2008

• Circular on Matters Relevant to the Implementation of the «Provisions for the Administration of the Solvency of Insurance Companies»

  关于实施《保险公司偿付能力管理规定》有关事项的通知

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

  December 18, 2008

• Measures for the Administration of the Sponsorship of the Offering and Listing of Securities

  证券发行上市保荐业务管理办法

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

  December 18, 2008

• Ministry of Finance and State Administration of Taxation, Circular on Raising the Export Tax Rebate Rates on Certain Commodities

  财政部、国家税务总局关于提高部分商品出口退税率的通知

  Export tax rebate rate lowered for textile products.

  November 10, 2008

• Ministry of Finance, Opinion on Issues Concerning the Levy of Place Use Fees on Foreign-invested Enterprises

  财政部关于外商投资企业场地使用费征收问题的意见

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

  November 10, 2008

• Ministry of Finance and State Administration of Taxation, Circular on Revising Tax Policies on the Real Property Trading Sector

  财政部、国家税务总局关于调整房地产交易环节税收政策的通知

  Curbs on property transactions lifted.

  November 10, 2008

• Opinion on Issues Concerning the Levy of Place Use Fees on Foreign-invested Enterprises

  关于外商投资企业场地使用费征收问题的意见

  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.

  November 10, 2008

• Other Recent Legislation for this Month

  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…

  November 10, 2008