- The State Council Issues Policies on the Promotion of Imports and Exports On 22nd July 2015, the General Office of the State Council of the P.R.C. issued the Policies on the Promotion of Imports and Exports.
(For more details, please refer to your lawyer.)
Sourced from the official website of the National Government of the P.R.C.: http://www.gov.cn/zhengce/content/2015-07/24/content_10031.htm
- The Supreme People’s Court Issues New Judicial Interpretation, Conditionally Recognizing the Validity of Private Lending Between Enterprises
On 6th August 2015, the Supreme People’s Court issued the judicial interpretation on Private Lending, which will take into effect on 1st September 2015.
The new judicial interpretation specifies the conditions of the effectiveness of private lending agreements and notably validates private lending between private enterprises which meets the requirements thereof.
(For more details, please refer to your lawyer.)
Sourced from the official website of the Supreme People’s Court: http://www.court.gov.cn/fabu-xiangqing-15146.html
- The Ministry of Human Resources and Social Security Clarifies OT Pay Standard for Employees Required to Work on the National Holiday of 3rd September 2015
On 18th August 2015, the Ministry of Human Resources and Social Security of the P.R.C. issued a Notice to clarify Overtime pay standard for Employees required to work on the national holiday of 3rd September 2015.
(For more details, please refer to your lawyer.)
Sourced from the official website of the Ministry of Human Resources and Social Security of the P.R.C.: http://www.mohrss.gov.cn/gkml/xxgk/201508/t20150819_218277.htm
- Shanghai Municipal Food and Drug Administration Issues New Rules on Licensing Matters for Cosmetics Industry in Shanghai
On 5th August 2015, Shanghai Municipal Food and Drug Administration issued the new rules on Licencing for cosmetics industry in Shanghai. The new rules have taken into effect upon publication.
(For more details, please refer to your lawyer.)
Sourced from the official website of Shanghai Municipal Food and Drug Administration: http://www.shfda.gov.cn/gb/node2/yjj/xxgk/zfxxgk/zxxxgk/hzp/u1ai46779.html
- The State Administration of Taxation Officially Publishes the Cancelled 22 Tax Administrative Approval Items
On 18th August 2015, the State Administration of Taxation of the P.R.C. officially published the cancelled 22 Tax administrative approval items.
(For more details, please refer to your lawyer.)
Sourced from the official website of the State Administration of Taxation the P.R.C.: http://www.chinatax.gov.cn/n810341/n810755/c1777541/content.html
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