Retail Trade and Distribution

Issued: April 28 2013 Main contents: Where a business operator offers durable goods such as motor vehicles, microcomputers, televisions or refrigerators,…

Issued: November 26 2012Main contents:　According to the Draft, quality and technical supervision departments will not handle complaints from consumers…

Advertising expenditures of cosmetic, pharmaceutical and beverage enterprises may be deducted against 30% of their sales revenues.

Set of tax policies issued to encourage private investment in various sectors.

Safe no longer requires settlement of foreign exchange received from exports.

VAT reform extended to eight more provinces and cities.

Hong Kong and Macao investors allowed to engage in wholly-owned retail grain business in Guangdong.

“Ke jixu goumai” (“The deal is on”) is the phrase that spurs Chinese consumers to use online group buying websites. The SAIC is taking action to regulate this rapidly expanding market that has led to fraud, fake products and price hikes

The revised Measures require a franchisor to disclose the actual investment amounts of its franchisees. Confidentiality requirements of franchisees are also elaborated.