Legislation

Criteria for foreign banks to enter the interbank forex market clarified.

China further relaxes housing purchase restrictions in non-top-tier cities.

SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.

SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.

Patent administrative law enforcement strengthened in exhibitions and e-commerce.

CSRC requires information disclosure from bond issuers.

Duplicate disclosure on bond issuance avoided in annual reports of listed companies.

Statutory deposit reserve rate applies to offshore Rmb business.

Issued: January 11 2016 Main contents: The Draft brings new media within the scope of administration. An internet news information service…