Calculation of environmental tax clarified

With a trade war with the US erupting, moves to stabilize the Chinese economy are likely to present a number of new opportunities for foreign investors. Edwin Li explores the options.

A 3-year limitation period is applied to civil law cases, private asset management plans of securities firms are regulated and the number of alternative energy vehicles produced is under control

Issued: June 29 2018 Main contents: Article 1 is amended to read as follows: An individual who has a residence in China or who, although not…

Foreign banks allowed more new businesses

Aggregate income is applied to individual income tax, foreign companies may use the word “China” in its names and four industries will be opened for power deregulation.

Establishment of representative offices of foreign insurance institutions madeeasier

The negative list for foreign investment is relaxed, foreigners are encouraged to invest in the A-share market and insurance companies are required to include independent directors.

FTZ negative list is revised, establishment of financial asset investment companies is specified, commissioned offshore R&D expenses may be super-deducted and enterprises are restricted from purchasing housing in Shanghai.