Legislation

• China Foreign Exchange Trading System, Circular on Matters Relevant to Strengthening the Macroprudential Administration of the Entry into the Interbank Foreign Exchange Market by Foreign Financial Institutions to Conduct Renminbi Purchase and Sale Business

  中国外汇交易中心关于加强境外金融机构进入银行间外汇市场开展人民币购售业务宏观审慎管理有关事项的通知

  Foreign financial institutions required to pay into an exchange risk reserve.

  October 10, 2016

• Ministry of Industry and Information Technology, Provisions for the Administration of the Access Permission of Alternative Energy Vehicle Manufacturers and Their Products (Draft for Comments on Amendments)

  工业和信息化部新能源汽车生产企业及产品准入管理规定 (修订征求意见稿)

  Issued: August 12 2016 Main contents: The Draft places more stringent requirements on enterprises, with the requirements in respect of design…

  October 10, 2016

• China Securities Regulatory Commission, Guiding Opinions on Capital-guaranteed Funds (Draft for Comments)

  中国证券监督管理委员会关于保本基金的指导意见 (征求意见稿)

  Issued: August 8 2016Main contents: For a capital-guaranteed fund managed by a fund manager, the total amount derived by multiplying the capital guaranteed…

  October 10, 2016

• Beijing Municipality, Measures for Implementation of the «Tentative Regulations on Residence Permits»

  北京市实施〈居住证暂行条例〉办法

  Beijing replaces temporary residence permits with residence permits.

  October 10, 2016

• Ministry of Finance and National Development and Reform Commission, Measures for the Reduction of Patent Fees

  财政部、国家发展和改革委员会专利收费减缴办法

  Patent fees may be reduced upon request.

  October 10, 2016

• Ministry of Human Resources and Social Security, Circular on Further Expanding the Scope of the Pilot Project for the Plan for Registration for Universal Insurance

  人力资源和社会保障部关于进一步扩大全民参保登记计划试点范围的通知

  Universal insurance expanded to more than 50% of the Chinese regions.

  October 10, 2016

• China Insurance Regulatory Commission, Circular on Matters Relevant to Further Strengthening the Equity Information Disclosure of Insurance Companies

  中国保险监督管理委员会关于进一步加强保险公司股权信息披露有关事项的通知

  Insurance companies required to disclose material company changes on their websites.

  October 10, 2016

• General Office of the State Council, Guiding Opinions on Adjusting the Structure, Promoting the Transformation and Enhancing the Achievements of the Petrochemical Industry

  国务院办公厅关于石化产业调结构促转型增效益的指导意见

  Petrochemical industry invites foreign M&A.

  October 10, 2016

• China Securities Regulatory Commission, Tentative Provisions for the Administration of the Operation of Private Asset Management Business of Securities and Futures Firms

  中国证券监督管理委员会证券期货经营机构私募资产管理业务运作管理暂行规定

  Private asset management business further regulated.

  October 10, 2016

• Other Recent Legislation in These Two Months

  National Legislation  Banking and Finance Guiding Opinions on Creating a Green Finance System关于构建绿色金融体系的指导意见L3600/16.08.31 Commerce Ministry…

  October 10, 2016