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Summary:

The Customs Tariff Commission of the State Council has recently released the Announcement on Imposing Additional Tariffs on USD50 Billion Worth of Imported Commodities Originated from US (the "Announcement").

Summary:

The General Administration of Customs ("GAC") has recently issued the Implementing Rules for the Administration of Registration of Domestic Consignees of Imported Solid Waste Usable as Raw Materials (the "Rules"), with effect from August 1, 2018.

Summary:

The China Securities Regulatory Commission ("CSRC") has recently issued the Code of Corporate Governance for Listed Companies (Draft for Comment) (the "Draft for Comment") to seek public opinions by July 14, 2018.

Summary:

Lately, the China Securities Regulatory Commission ("CSRC") has released the Provisions on Matters Concerning Commercial Banks Serving as Depository Parties in the Pilot Program on Depository Receipts (the "Provisions") in concert with the China Banking and Insurance Regulatory Commission ("CBIRC"), and also issued the Decision on Revising the Administrative Measures for Securities Issuance and Underwriting (the "Decision"), the Implementing Measures for Follow-up Supervision After the Issuance of Stocks or Depository Receipts by Innovative Enterprises (for Trial Implementation) (the "Measures") and the Guidelines for the Contents and Formats of Depository Agreements for Depository Receipts (for Trial Implementation). All of these policy documents take effect immediately from the issue date.

Summary:

The State Council has recently distributed the Circular on Several Measures Concerning the Active and Effective Use of Foreign Investment to Boost High-quality Economic Growth (the "Circular").

Summary:

The Shanghai Stock Exchange ("SSE") and the Shenzhen Stock Exchange ("SZSE") have recently issued their respective Implementing Measures for the Listing and Trading of Stocks or Depository Receipts Offered by Pilot Innovative Enterprises and a series of relevant business rules, all of which enter into force immediately from the issue date.

Summary:

The People's Bank of China ("PBC") has recently issued the Circular on Matters Concerning Improvements to the Administration of the Buying and Selling of Renminbi (the "Circular"), immediately effective from the issue date.

Summary:

The General Administration of Customs ("GAC") has recently issued the Announcement on Matters Concerning the Connection by Enterprises to the Unified Information System for Cross-border E-commerce (the "Announcement"), effective from June 30, 2018.

Summary:

The State Administration of Taxation ("SAT") has recently formulated and released the Announcement on Matters Concerning the Reshuffle of Tax Authorities and the Circular on Ensuring Effective Tax Collection and Administration during the Transition Period for the Reform in Tax Collection and Administration Systems for Local SAT Offices and Local Tax Bureaus, and distributed the Decision on Revising Some Rules of Tax Authorities, the Announcement on Revising Some Tax Normative Documents and the Announcement on Publishing the Catalog of Tax Normative Documents Entirely Invalidated and Those with Some Articles Invalidated (collectively as the "institutional documents") at the same time.

Summary:

The State Administration of Taxation ("SAT") has recently issued the Announcement on Matters Concerning the Collection and Administration of Individual Income Tax on Cash Awards Received by Scientific and Technological Staff for the Transformation of On-duty Scientific and Technological Achievements (the "Announcement"), with effect from July 1, 2018.