Market access threshold of insurance intermediaries raised to Rmb50 million.

Letters of intent and MOUs have legal effect.

Private investors may invest in SOEs with IP rights and land use rights.

Listed insurance companies and insurance group companies allowed to issue subordinated convertible bonds.

Private capital encouraged to develop green transportation.

Green light given again to the approval of foreign investment in futures companies.

Percentage of allocations to general reserves of financial enterprises raised to 1.5%.

Private capital encouraged to enter the basic telecoms operation market through the taking of equity interests.

For the first time China's Copyright Law acknowledges reverse engineering, which shows the government's changing attitude and courts' readiness to rule on a difficult area of the Law