Foreign income of high and new technology enterprises also enjoys 15% preferential tax rate.

Greater tolerance is allowed for NPL ratio of small enterprises.

Japanese steel manufacturer, Kobe Steel has acquired a 44.3% equity share in PRC compressor maker, Wuxi Compressor. The latter is based in Wuxi, Jiangsu…

China launches its social old-age insurance scheme.

Diageo, the UK-based global beverages company, is acquiring a controlling interest in its existing Chinese joint venture, Sichuan Chengdu Quangxing Group…

New rules open up fund sales market

Central bank drafting rules to allow Rmb-denominated FDI into China

Pilot variable annuity projects launched in Beijing, Shanghai, Guangdong, Shenzhen and Xiamen.

New regulations finally allow FIEs to engage in the master distribution of Chinese publications and expand the scope of foreign investor participation by lowering entry thresholds and eliminating term of operation restrictions