The most updated interpretation of China's company law addresses shareholder rights protection, and other rights and actions related to corporate governance. Although there are noteworthy improvements, including creating a balance between shareholders' ownership rights and preemption rights, practical change is limited and inconsistencies still require clarification.

CIETAC has issued its first rules on international investment disputes.

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.