A single private insurance shareholder may hold a stake of more than 20%.

Private capital encouraged to the oil product market.

Safe no longer requires settlement of foreign exchange received from exports.

The maximum translation rate for stocks underlying margin trading or short sale of securities shall not exceed 65%.

Shenzhen Stock Exchange serves as the platform for margin trading and short sale of securities.

When the Law comes into effect on July 1 2013, the work-type residence permits of foreigners will be valid from 90 days to five years while the non-work-type residence permits will be valid from 180 days to five years.

VAT reform extended to eight more provinces and cities.

Michael Hickman and Lesli Ligorner provide foreign investors with a guide to setting up a R&D facility in China. They consider location, IP and labour issues, and give crucial advice for protecting the facility's creations

While the Ministry of Commerce's recent mention of the variable interest equity structure is important, its implications have been exaggerated say counsel