Criteria for retrial of civil cases revised.
Liability for compensation of motor vehicle drivers in traffic accidents revised.
More banks are allowed to provide loans for the development of economically affordable residential premises.
The revised Law sets forth more circumstances under which a people's court may approve an application to retry a civil case.
Hong Kong and Macao insurance agencies allowed to set up wholly-owned insurance agencies on the mainland.
Certain enterprises prepaying tax on a monthly basis now may prepay tax on a quarterly basis.
The limit for deduction of expenses raised for wage income of individuals.
NATIONAL LEGISLATIONBANKINGPeople's Bank of China Notice [2008] No.5 (Repeal of a list of legislation)中国人民银行公告 (2008) 第5号 L3600/08.01.22CONSTRUCTIONImplementation…
Product innovation encouraged by means of government procurement.
Government purchase of imports gives priority to technology transfer.