Safe no longer requires settlement of foreign exchange received from exports.
September 11, 2012
Retail Trade and Distribution
VAT reform extended to eight more provinces and cities.
September 11, 2012Hong Kong and Macao investors allowed to engage in wholly-owned retail grain business in Guangdong.
May 31, 2012“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
March 29, 2012The revised Measures require a franchisor to disclose the actual investment amounts of its franchisees. Confidentiality requirements of franchisees are also elaborated.
March 29, 2012MOFCOM's latest bid to strengthen commercial franchising will protect trade secrets and increase fines for providing false information during promotional activities. The Measures represent China's commitment to regulating this large, but young market
March 28, 2012As franchising increases in China, the Ministry of Commerce has released new measures for greater disclosures, including more information when signing agreements.
March 08, 2012Record filing may be done locally for franchises that operate in more than one province.
February 07, 2012The Catalogue has been revised since the 2007 revision. Venture investment enterprises and intellectual property services are added to the encouraged category while the manufacture of assembled automobiles is removed from the category.
February 07, 2012Thresholds for levy of value-added tax raised.
December 06, 2011