1 The Central Government Pushes to Introduce Negative List System for Market Access across the Country
On 19th October 2015, the State Council issued the Opinions on Implementing Negative List System for Market Access (“Opinions”), pushing to introduce the system nationwide. As set forth by the Opinions, pilot negative list system for market access will be launched in certain selected districts from 1st December 2015 to 31st December 2017, and a nationally uniform negative list system for market access and corresponding policies are expected to be implemented as of 2018, under which except for those listed on the negative list, all kinds of entities have equitable access to markets and businesses under applicable laws.
(For more details, please consult with your lawyer.)
Sourced from the official website of the Government of the P.R.C.:
http://www.gov.cn/zhengce/content/2015-10/19/content_10247.htm
2 The State Food and Drug Administration Issues New Regulations on Food Industry Licensing
On 30th September 2015, the State Food and Drug Administration issued the new Interim Regulations on Food Industry Licensing, which have taken effect on 1st October, 2015.
(For more details, please consult with your lawyer.)
Sourced from the official website of State Food and Drug Administration of the P.R.C.:
http://news.sfda.gov.cn/WS01/CL1605/130944.html
3 Shanghai Local Taxation Bureau Introduces New Individual Income Tax Policies to Zhangjiang Innovation National Demonstration Zone
On 8th October, 2015, Shanghai Municipal Bureau of Local Taxation issued a Notice to officially introduce the new individual income tax policies to Zhangjiang Innovation National Demonstration Zone.
(For more details, please consult with your lawyer.)
Sourced from the official website of Shanghai Municipal Bureau of Local Taxation:
http://www.tax.sh.gov.cn/pub/xxgk/zcfg/grsds/201510/t20151014_419578.html
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