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Lawmakers Consult Public On Urban Public Transport Rules

The Legislative Affairs Office of the Sate Council recently issued the Regulations on Urban Public Transportation for public comment until 31 October 2010. The draft document requires urban planning authorities to give priority to the use of land for urban public transport facilities when organizing the preparation of the traffic control plans, making it clear …

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Guidance On Furthering The IPO Mechanism Reform

In line with the unified arrangement for the reform of the pricing mechanism for initial public offering (IPO), the China Securities Regulatory Commission (“the CSRC”) has formulated the Guidance on Furthering the IPO Pricing Mechanism Reform, which is hereby announced and shall come into force as of 1 November 2010. China Securities Regulatory Commission 11 …

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Applicable Law for IP Issues Provided by China’s New Law on Conflicts of Law

China’s top legislature, the Standing Committee of the National People’s Congress ended its bimonthly session on Thursday, October 28, 2010, adopting a series of bills including the Law on Law Application to Civil Relationships Involving Foreign Interests , the law on conflicts of law. It will come into effect as of April 1, 2011. Applicable …

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SIPO Proposes To Amend Rules On Administrative Enforcement Of Patent Rights

The State Intellectual Property Office (SIPO) has initiated a consultation on the “ Draft Amendments to the Rules on Administrative Enforcement of Patent Rights (Consultative Draft) “. It is proposed that the Draft Amendments will govern patent authorities’ administrative enforcement of patent rights, including handling disputes over patent infringements, mediation of disputes over patent rights …

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

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 …

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

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 …

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

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 …

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Energy-Saving Industry is Encouraged in China

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 …

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