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Patent Guidelines Updated and Expanded

25 April 2017

Revised Guidelines for Patent Examination have now been issued by the State Intellectual Property Office. These new regulations have been designed to both boost China’s bid to develop a more innovatio...Read More


State Council Updates VAT, Investment Incentives and Tax Deductions

25 April 2017

As part of continued moves to replace business tax with value-added tax (VAT), while streamlining the overall VAT structure, as of 1 July 2017, the four existing VAT brackets will be reduced to just t...Read More


Ministry of Finance Amends Accounting Standards for Financial Instruments

24 April 2017

The Ministry of Finance has released three new accounting standards – Accounting Standards for Enterprises No. 22: Recognition and Measurement of Financial Instruments, Accounting Standards for Enterp...Read More


CFDA Issues Guidelines on Food Safety Traceability

18 April 2017

The China Food and Drug Administration (CFDA) recently issued Several Provisions on the Establishment of Food Safety Traceability System for Food Production and Operation Enterprises to efficiently do...Read More


Shenzhen Adjusts Minimum Wage from June

18 April 2017

The Shenzhen City Human Resources and Social Security Bureau announced its minimum wage adjustment for 2017 on 1 April 2017. The change will become effective on 1 June 2017....Read More


CFDA Adjusts Administrative Approval Procedures for Medical Devices

18 April 2017

In a bid to optimise the workflow and efficiency of the evaluation and approval of medical devices, the Decision of the China Food and Administration (CFDA) on Adjusting Some Administrative Approval P...Read More


Ministry of Justice Strengthens Administration of Judicial Expertise Fee Collection

18 April 2017

In accordance with the decision to reform the administration of judicial expertise made at the 4th Plenary Session of the 18th CPC Central Committee, the General Office of the Ministry of Justice rece...Read More


SAFE Issues Circular on Facilitating Banks in Trade Documents Checking

13 April 2017

The State Administration of Foreign Exchange (SAFE) recently issued the Circular on Facilitating Banks in Carrying out the Checking of Trade Documents to further facilitate banks in unfolding trade au...Read More


China Opens Seven New Free Trade Zones

11 April 2017

The State Council recently released overall plans for seven pilot free trade zones (FTZs), namely in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi....Read More


MEP Releases High-Pollution Fuels Catalogue

10 April 2017

In accordance with Article 38 of the Law of the People’s Republic of China on Prevention and Control of Atmospheric Pollution, the Ministry of Environmental Protection promulgated and put into force o...Read More


Minimum Wage Goes Up in Shanghai in April

10 April 2017

Minimum wage went up by RMB110 from RMB2,190 to RMB2,300 in Shanghai on 1 April 2017, with hourly rate rising from RMB19 to RMB20. This represents an annual increase of 5% compared to 8.4% in 2016....Read More


China Establishes Household Waste Sorting and Recycling System

6 April 2017

The State Council recently issued the Household Waste Sorting System Implementation Plan drawn up by the National Development and Reform Commission....Read More


Five Departments Call for Stronger Financial Support for Manufacturing Sector

6 April 2017

The People’s Bank of China, Ministry of Industry and Information Technology, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission joint...Read More


CFDA Issues Guideline on Health Food Filing

6 April 2017

The China Food and Drug Administration (CFDA) recently issued a circular on matters concerning the administration of record filing for health food....Read More


PBOC Issues Credit Policy Guidelines for 2017

5 April 2017

The General Office of the People’s Bank of China (PBOC) recently issued an urgent document saying that it will continue to provide credit support to leading backbone enterprises with marketability and...Read More


Rules for Managing Database of Consulting Firms to Take Effect on 1 May

31 March 2017

The Ministry of Finance has earlier built a database of public-private partnership (PPP) consulting firms on the basis of the China PPP Integrated Information Platform in a bid to improve information ...Read More


Henan to Become High Ground for Industrial Relocation

30 March 2017

The provincial government of Henan gave the green light to the issuance of the 2017 Action Plan for Undertaking the Relocation of Manufacturing Industries on 25 March....Read More


China to Scrap 41 Administrative Fees

27 March 2017

The Ministry of Finance and the National Development and Reform Commission recently issued a circular saying that the State Council had approved the decision to clean up and regulate administrative fe...Read More


AQSIQ Cancels Designation of Pre-shipment Inspection Agencies for Imported Used Mechanical and Electrical Products

27 March 2017

The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) released the Decision on Amending the Administrative Measures for the Supervision and Inspection of Imported Used M...Read More


CBRC Issues Circular on Investment Banking Business of Foreign-Invested Banks

27 March 2017

The China Banking Regulatory Commission (CBRC) recently issued the Circular on Matters Concerning Certain Business Undertaken by Foreign-Invested Banks, clearly stating that locally incorporated forei...Read More

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