Civil aviation investment restrictions relaxed for private investment.
Cost reviews required for natural monopolies
Cross-border foreign exchange transactions may use renminbi.
Outbound investment procedure requirements relaxed.
Encouraged, restricted and prohibited types of outbound investment specified.
Enterprise contribution to annuities may not exceed 8% of total payroll.
Examination and approval streamlined to facilitate investment.
LLPs have been added to accounting firm regulations.
Referral system intends to reduce the misjudgment rates of arbitration review.
March 30, 2018
