State Council facilitates engagement in the telecom business.
China's new breakthrough in relaxation of forex control on the capital account.
Enterprises will be assessed by their environmental credit ratings.
China terminates enterprise annual inspections.
China implements new registration system for registered capital subscription.
Banks required to disclose more information on affiliated transactions.
MOF explains accounting treatment for mergers of enterprises subject to the same control.
The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.
The new consumer finance rules are a clear step forward in diversifying credit opportunities, but it is unclear whether they go far enough
The amendments to the PRC Company Law will boost economic activity and stimulate investment. The reforms are an important step in the drive to establish a more mature market with less government control