May 23, 2018
Tax credit policy has been revised to align with outbound investment needs.
Substantive business activities required for beneficial owner status
China's banking industry further opened up to foreign banks
Stricter disclosure requirements imposed for M&A partnerships.
Shanghai encourages foreign investment in R&D
Guangdong has broadened the business scope for Hong Kong/Macao law firms.
CIETAC has issued its first rules on international investment disputes.
Civil aviation investment restrictions relaxed for private investment.
Cost reviews required for natural monopolies
Cross-border foreign exchange transactions may use renminbi.
