Over the past six months, Shanghai has adopted a full set of laws and regulations for its value added tax pilot programme. The move will help China's economy evolve from a manufacturing hub and encourage the development of modern service sectors
New regulations over import duty have stirred controversy over their impact on the price of luxury goods, but consumers have not realised their real impact
For 16 years, Shanghai has been using a draft version of legislation on famous trademarks, but from May 1 the official Measures will add clarity to a system that offers domestic and foreign brand owners increased protection from infringement