Legal news - Lexis China

MEE Calls for Deepening the Reform of the Ecological and Environmental Sci-tech System to Vitalize Sci-tech Innovation [2019-12-05]

Summary:

The Ministry of Ecology and Environment ("MEE") has recently distributed the Implementing Opinions on Deepening the Reform of the Ecological and Environmental Science and Technology System to Vitalize Science and Technology Innovation (the "Opinions").

Special Program on "Checking the Enforcement of Investment Regulations and Removing and Resolving Investment Barriers" Kicks off [2019-12-05]

Summary:

The National Development and Reform Commission ("NDRC") has recently issued the Circular on Initiating the Special Program on "Checking the Enforcement of Investment Regulations and Removing and Resolving Investment Barriers" (the "Circular").

MNR Urges Better Planning and Land Use Guarantee to Back Development of Elderly Care Services [2019-12-05]

Summary:

The Ministry of Natural Resources ("MNR") has recently enacted and issued the Guiding Opinions on Improving Planning and Land Use Guarantee to Support the Development of Elderly Care Services (the "Opinions"), effective immediately from the date of issuance and valid for five years.

Administration of Construction of Urban Underground Pipelines to Be Strengthened [2019-12-05]

Summary:

Four authorities including the Ministry of Housing and Urban-rural Development ("MOHURD") have recently issued the Circular on Further Strengthening the Administration of Construction of Urban Underground Pipelines (the "Circular").

IIT Exemption Policy Continues to Apply to Mainland Individual Investors' Investment under Shanghai-Hong Kong Stock Connect and under Shenzhen-Hong Kong Stock Connect [2019-12-05]

Summary:

Recently, the Ministry of Finance ("MOF"), the State Taxation Administration ("STA") and the China Securities Regulatory Commission ("CSRC") have jointly issued the Announcement on Renewing the Individual Income Tax Policy for the Connectivity Mechanism for Transactions in the Shanghai and Hong Kong Stock Markets and in the Shenzhen and Hong Kong Stock Markets and for the Mutual Recognition of Funds between the Mainland China and Hong Kong (the "Announcement").

CBIRC Orders Halt to Sale of Insurance Products Inconsistent with New Rules for Health Insurance by April 1 Next Year [2019-12-05]

Summary:

The General Office of the China Banking and Insurance Regulatory Commission ("CBIRC") has recently issued the Circular on Matters Concerning Smooth Transition of Relevant Products for the Implementation of the Administrative Measures for Health Insurance (the "Circular").

MCA Invites Comments on Measures for Issuance of Volunteer Service Records and Certificates [2019-12-05]

Summary:

The Ministry of Civil Affairs ("MCA") has recently drafted the Measures for Issuance of Volunteer Service Records and Certificates (Draft for Comment) (the "Draft for Comment") for public consultation by January 4, 2020.

STA Announces Measures to Support and Serve Integrated Development of Yangtze River Delta Region [2019-12-04]

Summary:

The State Taxation Administration ("STA") has recently issued the Circular on Measures Aimed at Supporting and Serving the Integrated Development of the Yangtze River Delta Region (the "Circular").

SAC Releases Revised Measures for Implementation of Self-regulatory Measures [2019-12-04]

Summary:

The Securities Association of China ("SAC") has recently enacted and issued the Measures for Implementation of Self-regulatory Measures (the "Measures") and the Procedures for Self-regulatory Punishment Committee to Handle Cases, both of which have taken effect immediately from the date of issuance.

MEE Strengthens Law Enforcement Against Illegalities Related to Ozone-Depleting Substances [2019-12-04]

Summary:

The Ministry of Ecology and Environment ("MEE") has recently issued the Opinions on Issues Concerning the Application of Law for Article 32 of the Administrative Regulations on Ozone-Depleting Substances (the "Opinions").

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