Merger and acquisition in China is expected to remain regionally most active yet challenging in 2007.

Franchisors required to disclose certain information to their franchisees before signing the contract.

Tax reduction for venture capital investment enterprises investing in unlisted technology SMEs.

Banks required to ensure that loans are not used for stock trading.

More attention should be paid to low-paid front-line workers.

PRC domestic savings will soon have additional overseas outlets, as regulations are issued to permit more types of outbound investment by greater types of qualified domestic institutional investors.

The Tentative Measures stipulates requirements for engaging in entrusted overseas financial management business, the limit of foreign exchange payments for investments and fund management, risk management and transparency of business.

More provisions to segregate a trust company's business for its own account and its trust business.

This law strengthens the administration of commercial franchising activities, regulates the order of the franchising market, and provides requisite application procedures.