October 2010

The State Council recently promulgated a circular to unify the urban maintenance and construction tax for domestic and foreign enterprises and individuals and the education surtax system: from 1st December 2010, the Provisional Regulations of the People’s Republic of China on City Maintenance and Construction Tax released in 1985 by the State Council and Provisional …

Local & Foreign Taxpayers Subject To Same Building Tax & Education Surcharge Rules Read More »

Beijing , China –November 27, 2010 China’s energy demand may slow further as the government takes steps to meet conservation targets and to cool the world’s fastest-growing economy. Energy consumption gains may be curbed in the fourth quarter after easing in July to September, the National Energy Administration said in a statement today. China plans …

China Energy Use May Slow Further on Government Curbs Read More »

The Ministry of Public Security, Ministry of Industry and Information Technology, State Administration for Industry and Commerce, State Administration of Work Safety and State Food and Drug Administration recently together promulgated the Circular on Enhancing Information Management of Internet Sales of Precursor Chemicals . The circular requires the reinforcement of the access system of information …

Circular On Enhancing Supervision Of Internet Precursor Chemicals Information Issued Read More »

The Supreme People’s Court, the Supreme People’s Procuratorate and the Ministry of Public Security have jointly released the “Opinions on Issues concerning the Application of Law in the Handling of Online Gambling Criminal Cases ” . Five points in this document: 1. criteria for conviction of and imposing penalties for the crime of operating a …

Three Depts. Clarify Law Application Criteria For Online Gambling Cases Read More »

Beijing , China –November 27, 2010 UK, France, Italy, Swiss, and Australia or also tourist destinations like Dubai, Nepal, Ireland, Czech Republic, become the most favorable countries for Chinese people who are fond of travel abroad in leisure time. The Annual Report of China Outbound Tourism Development 2009-2010 issued by the China Tourism Academy estimated …

China temporarily allows foreign travel operators to set up outbound travel agencies Read More »

LEHMAN, LEE & XU The State Administration of Industry and Commerce (“ SAIC ”) issued the draft Provisions on Prohibition of Abuse of Dominant Market Position (the “ Draft Provisions ”) on May 25, 2010. The Draft Provisions, together with the draft Anti-Price Monopoly Provisions issued by the National Development and Reform Commission in August …

Abuse of Dominant Market Position prohibited in China Read More »

As a party to the Kyoto Protocol (2005), the People’s Republic of China, has been actively promulgating “greener” policies to improve China’ environment and reduce carbon emissions. One such step towards greater energy efficiency is reflected in the Opinion on Expediting the Implementation of Energy Management Contracting to Promote the Development of Energy Saving Service …

Energy-Saving Industry is Encouraged in China Read More »

Beijing China, October 21—General Administration of Customs of People’s Republic of China issued the announcement (No.47 [2010])(hereinafter to be referred as announcement)to regulate tax payment of rentals for aircrafts lease on July 19 of 2010. The announcement mainly regulates the types of fees and costs which could be calculated as rentals and are required to …

The General Administration of Customs issue an announcement regarding tax payment of rentals for aircrafts lease Read More »

The executive meeting of the State Council on 12th October discussed and principally passed The Vehicle and Vessel Tax Law of the PRC (Draft). The meeting decided, after further amendment of the draft, that will be submitted by the State Council to the Standing Committee of the National People’s Congress for consideration. It is reported …

The State Council’s Principally Passes Vehicle And Vessel Tax Law (Draft) Read More »

Beijing , China –November 27, 2010 Innovation and the resulting intellectual property (IP) will increasingly serve as a core element of China’s economic development, a law expert said here Tuesday. “Innovation and IP will play a key role to reform China’s science and technology research and development,” Senior Vice President and General Counsel of Taiwan …

Innovation, IP to be core element of China’s economic growth Read More »