December 2010

The Measures for Supervision and Administration of Contract-related Unlawful Acts

The Measures for Supervision and Administration of Contract-related Unlawful Acts has come into effective. Contract-related unlawful acts mentioned in the Measures refer to the acts of natural persons, legal persons and other organizations, making use of a contract and intending to obtain illegal profits, which violate laws and regulations or these measures. The Measures clearly …

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Both 360 And QQ Ordered To Make Public Apology For Incompatible Products

Beijing , China –December 13, 2010 The Ministry of Industry and Information Technology recently issued a circular to criticize two IT companies: Beijing Qihoo Technology Ltd. and Shenzhen Tencent Computer System. The both companies were ordered to make an apology to the public within five working days after the issuance of this Circular, to properly …

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National Patent Development Strategy (2011-2012) Issued

Beijing , China –December 13, 2010 The State Intellectual Property Office recently issued the National Patent Development Strategy (2011-2020) (“the Patent Strategy”) which is the further deepening and refinement of the patent-related part in the Outline of the National Intellectual Property Strategy. The Patent Strategy, with emphasis on the improvement of the patent system and …

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China Encourages Private Capital Investment

After foreign direct investment has been hit by the global economic slowdown, the PRC State Council issued the Several Opinions on Encouraging and Guiding the Sound Development of Private Investment (the “Private Investment Opinions”) aimed at broadening the permissible investment scope of domestic private capital. Private capital plays a critical role in the growth of …

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China lands multi-billion dollar deal in Texas oil and gas fields

Beijing , China –December 16, 2010 The China National Offshore Oil Corporation (CNOOC) announced this week it is investing in US energy reserves located in south Texas, a move expected to draw little political opposition in the US. China’s state-owned energy giant, CNOOC, has announced it is purchasing a 33.3 percent undivided interest in Chesapeake …

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New Customs Regulations Strengthen Intellectual Property Rights Protection in China

Beijing , China –December 16, 2010 The State Council has recently amended relevant laws to enhance the role of customs protection in the enforcement of intellectual property rights (IPR) in China. The amendments not only streamline customs enforcement measures to increase work efficiency and provide more flexibility to IPR owners, but also bring the Chinese …

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Foreign Enterprises and Foreign Invested Enterprises Must Now Pay City Construction Tax and Education Surcharge in China

Beijing , China –December15, 2010 The unification of China’s tax system for foreign invested enterprises, foreign enterprises and domestic enterprises has gone a step further. Commencing from 1 December 2010, foreign enterprises, foreign invested enterprises and foreign individuals will begin to pay city construction tax and education surcharge. City construction tax and education surcharge are …

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Management Rules On Road Transportation Of Radioactive Substances

On 27 October 2010, the Ministry of Transport (MOT) published the “Management Rules on Road Transportation of Radioactive Substances” which will become effective on 1 January 2011. On even day, MOT published the “Decision on Revision of the Management Rules on Road Transportation of Dangerous Good” which indicates that the Management Rules on Road Transportation …

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PRC Amends Provisions On Penalty For Unlawful Price-Related Practices

Beijing , China –December 13, 2010 The State Council recently decided to make amendments to the Provisions on the Administrative Penalty for Price-related Unlawful Practices. The new Provisions indicate that the illegal income of those who manipulate market prices to cause a relatively large increase in product prices shall be confiscated and a fine of not …

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