Legislation

• PRC Anti-monopoly Law

  中华人民共和国反垄断法

  China's first anti-monopoly law. This law aims to ensure fair market competition and to prevent and halt monopolistic acts.

  October 02, 2007

• Measures for the Administration of Futures Companies

  期货公司管理办法

  This law aims to regulate futures companies in China. Of chief importance is that futures brokerages are renamed as futures companies.

  October 02, 2007

• State Administration of Foreign Exchange, Circular on Retaining Foreign Exchange Income on the Current Account by Domestic Institutions

  国家外汇管理局关于境内机构自行保留经常项目外汇收入的通知

  Lifting the restrictions on the amount of foreign exchange income on the current account that may be retained by domestic institutions.

  September 02, 2007

• Ministry of Commerce, General Administration of Customs and China Banking Regulatory Commission, Announcement [2007] No.71: Announcement on the Methods for Paying Deposits into the Bank Account

  商务部、海关总署、银行业监督管理委员会公告2007年第71号 (台账保证金缴纳方式公告)

  Requirements on deposit payment loosened for processing trade enterprises.

  September 02, 2007

• Ministry of Commerce and General Administration of Customs, Announcement [2007] No.44 (Catalogue for Commodities in the Restricted Category for Processing Trade)

  商务部、海关总署公告 2007 年第 44 号 (加工贸易限制类商品目录)

  Labour-intensive processing trade discouraged.

  September 02, 2007

• Supreme People's Court and Supreme People's Procuratorate, Opinion on Several Issues Concerning the Application of the Law in Handling Criminal Cases of Receiving Bribes

  最高人民法院、最高人民检察院关于办理受贿刑事案件适用法律若干问题的意见

  Ten new types of bribe-taking by state personnel defined.

  September 02, 2007

• China Insurance Regulatory Commission, People's Bank of China and State Administration of Foreign Exchange, Tentative Measures for the Administration of Overseas Investment of Insurance Capital

  中国保险监督管理委员会、中国人民银行、国家外汇管理局保险资金境外投资管理暂行办法

  Further relaxing overseas investment of insurance capital.

  September 02, 2007

• State Administration of Taxation, Circular on Issues Relevant to the Cancellation of the Review Authority Required for Temporary Exemption of Individual Income Tax for the Promotion of Practical Application of Scientific and Technological Achievements

  国家税务总局关于取消促进科技成果转化暂不征收个人所得税审核权有关问题的通知

  Individual income tax exemption formalities streamlined for winners for scientific and technological awards.

  September 02, 2007

• State Administration of Foreign Exchange, Plan for the Launch of Pilot Projects for Direct Investment in Overseas Stock Markets by Domestic Individuals

  国家外汇管理局关于开展境内个人直接投资境外证券市场试点的批复

  Individual Chinese citizens allowed to invest in the Hong Kong stock market.

  September 02, 2007

• State Council, Regulations for the Administration of Futures Trading

  国务院期货交易管理条例

  China to develop financial futures and options.

  September 02, 2007