Legal news - Lexis China

Tax Declaration Deadline for April Delayed to 24th Day [2020-03-31]

Summary:

The State Taxation Administration ("STA") has recently issued the Circular on Matters concerning the Postponement of the Tax Declaration Deadline for April 2020 (the "Circular").

State Council Grants Approval to Measures Aimed at Open Development of Whole Industry Chain for Oil and Gas in Zhejiang FTZ [2020-03-31]

Summary:

The State Council has recently issued the Official Reply on Several Measures in Support of the Open Development of the Whole Industry Chain for Oil and Gas in the China (Zhejiang) Pilot Free Trade Zone (the "Reply").

MNR Invites Public Opinions on the Revised Implementing Regulations of the Land Administration Law [2020-03-31]

Summary:

The Ministry of Natural Resources ("MNR") has recently issued the Regulations on the Implementation of the Land Administration Law of the People's Republic of China (Draft Amendment) (Draft for Comment) (the "Draft for Comment") to seek opinions from all sectors by April 30, 2020.

NISSTC to Standardize Personal Information Safety Protection for Apps [2020-03-31]

Summary:

The Secretariat of the National Information Security Standardization Technical Committee ("NISSTC") has recently enacted and issued the Practical Guide to Cyber Security Standards: Guidelines for the Safety Protection of Personal Information on Mobile Internet Applications (App) (Draft for Comment) (the "Draft for Comment") for public comment by April 13, 2020.

SAMR Releases Administrative Measures for Drug Registration and Another Related Measures [2020-03-31]

Summary:

The State Administration for Market Regulation ("SAMR") has recently issued the Administrative Measures for Drug Registration and the Measures for Supervision and Administration of Pharmaceutical Production (collectively as the "Measures"), with effect from July 1, 2020.

SPP Repeals Judicial Interpretations for Trying Criminal Cases Related to Illegal Edible Salt Operations [2020-03-31]

Summary:

The Supreme People's Procuratorate ("SPP") has recently distributed the Decision on Repealing the Interpretations of the Supreme People's Procuratorate on Several Issues concerning the Specific Application of Law in Handling Criminal Cases Involving Illegal Edible Salt Operations (the "Decision"), with effect from April 1, 2020.

Tax-free Import Quota for Petroleum Exploitation Projects in Designated Onshore Areas Canceled [2020-03-31]

Summary:

Three authorities including the Ministry of Finance ("MOF") have recently issued the Circular on Canceling the Tax-free Import Quota for Offshore Petroleum (Natural Gas) Exploitation Projects and the Circular on Canceling the Tax-free Import Quota for Petroleum (Natural Gas) Exploitation Projects in the Designated Onshore Areas (the "Circular"), both of which shall go into effect immediately from the date of issuance.

SSE Unveils Interim Provisions on Applications and Sponsorship for Enterprises to Offer Shares and Get Listed on the SSE STAR Market [2020-03-30]

Summary:

The Shanghai Stock Exchange ("SSE") has recently enacted and issued the Interim Provisions on Applications and Sponsorship for Enterprises to Offer Shares and Get Listed on the SSE STAR Market (the "Interim Provisions"), immediately effective from the date of issuance.

Voluntary Services Launched to Boost the Development of SMEs [2020-03-30]

Summary:

Recently, the General Office of the Ministry of Industry and Information Technology ("MIIT") and the General Office of the Ministry of Civil Affairs ("MCA") have distributed the Guiding Opinions on Launching Voluntary Services to Promote the Development of Small- and Medium-sized Enterprises (the "Opinions").

Comments Sought on Measures for Evaluation and Assessment of Services of Financial Institutions for Rural Revitalization [2020-03-30]

Summary:

Recently, the People's Bank of China ("PBC") and the China Banking and Insurance Regulatory Commission ("CBIRC") have enacted and issued the Measures for Evaluation and Assessment of Services of Financial Institutions for Rural Revitalization (Draft for Comment) (the "Draft for Comment") for public comment by April 26, 2020.

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