Shanghai Launches Free-Trade Zone On the morning of 29 September, the China (Shanghai) Pilot Free-Trade Zone and its administrative committee held an opening ceremony in Gaoqiao, just outside Pudong, Shanghai to mark the official launch of the China (Shanghai) Pilot Fre...

Non-Ferrous Metals Investment Adopts "Leverage Model" Prudential Fund (Prudential), the first non-ferrous metals indexed fund established in the PRC recently listed on the Shenzhen Stock Exchange (SZSE). Prudential recently announced that both the fixed A Shar...

Law New legislation, rules and standards come into effect in August The Standing Committee of the State Council has decided that, from 1 August 2012 to the end of 2012, the scope of the pilot program to levy value-added tax upon the transportation industry and some othe...

Investment MOC seeks comments on foreign direct investment involving cross-border RMB The Ministry of Commerce (MOC) has published draft rules for consultation designed to formalise and simplify the approval process for foreign direct investment with cross-border RMB. T...

IPO China to maintain IPO dominance Despite a recent slowdown, China is set to remain the dominant force in the global IPO market according to a recent report from accounting firm Ernst & Young. At the end of the second quarter Chinese issuers had produced 108 Chine...

Law Cost of employing foreigners to rise New social insurance laws will make the hiring of foreign employees significantly more expensive for companies in China. Draft measures based on thePRC Social Insurance Law set to come into effect on July 1st will make it so fore...

Securities Backdoor listings to come under tighter scrutiny The China Securities Regulatory Commission (CSRC) issued a draft regulation in late May calling for a closer monitoring of merger and asset restructurings of listed companies. The aim is to make sure such listi...

IP China resolved to protect intellectual property China is determined to fully protect intellectual property, the country's trade minister said during an economic forum with Portuguese and Chinese businessmen. "We have a long road ahead in terms of protecting inte...

Tax New tax looms for coal miners Market jitters over inflationary pressures are making it highly unlikely that a new resource tax will be levied on coal mining companies before the year's end, analysts have said. When the new tax does kick in, coal producers will pay b...

Law Top legislature adopts Social Insurance Law China's top legislature has voted to adopt a social insurance law that aims to prevent the improper use of social security funds, after reading it four times and receiving feedback on the draft from the general public. The...

Capital Markets Mini-QFII rules may come out before October China may release the regulations for its "mini-QFII (qualified foreign institutional investors)" program before the National Day holidays, the Securities Times reported, citing an unnamed source clos...

Capital Markets China to nod guaranteed funds to invest in stock futures China's securities regulator will allow guarantee funds to invest in stock index futures, the Shanghai Securities News has reported. The China Securities Regulatory Commission (CSRC) released its G...