Market access prohibition is now an administrative penalty for the insurance industry.

Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.

The Provisions set forth the application procedure for a food additive production permit, require the keeping of production management records and specify the particulars to be listed on the label and instructions for use.

Insurance companies required to disclose seven types of information.

Establishments of insurance companies classified into four grades for regulation.

Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.

A series of new policies recently released to attract foreign investment demonstrates China's aim to diversify foreign direct investment, channel money into the central and western regions, and encourage environmentally-friendly and high-tech industries to set up onshore. However, the rules are fairly general and more legislation will be needed for proper implementation

Measures for Administration of the Levy of Income Tax on Non-tax-resident Enterprises by Assessment

Latham & Watkins has hired leading litigator Simon Powell from Jones Day in Hong Kong. His joining will enhance the firm's litigation practice and…