Transportation

VAT reform extended to eight more provinces and cities.

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.

Regulation of foreign cruises strengthened.

Regulation of foreign cruises strengthened.

The Catalogue has been revised since the 2007 revision. Venture investment enterprises and intellectual property services are added to the encouraged category while the manufacture of assembled automobiles is removed from the category.

Transport and logistics sectors benefit from the new VAT reform.

Foreign shipping firms allowed to set up WFOEs in China.

The Circular liberalises the market entry conditions for, and scope of business of, wholly foreign-owned shipping companies.

Alternative energy and advertising included in the industry structure adjustment catalogue for the first time.