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LEHMAN, LEE & XU China’s People’s Bank of China (“PBOC”), Ministry of Finance (“MOF”), National Development and Reform Commission (“NDRC”), and the China Securities Regulatory Commission (“CSRC ”) jointly issued amendments to the Provisional Administrative Rules on the Issuance of RMB Bonds by International Development Institutions (“Panda Bond Regulations”) on September 30, 2010. ‘Panda Bonds’ …

Panda Bond Market Opened To Bilateral Development Institutions Read More »

Beijing, China –November 5, 2010 – On Oct. 8, 2010, Xiamen Customs of the People’s Republic of China rendered the “Notice for IP Status Confirmation to Imports and Exports Cargos” to SAO PAULO ALPARGATAS S\A, asking this Brazilian company to confirm whether the trademark labeled on cargos seized by this customs counterfeit its registered trademark. …

Lehman Lee & Xu: Protecting the IP Rights of Clients by Customs Records Read More »

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 …

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

LEHMAN, LEE & XU The Ministry of Commerce released the Circular on Issues Concerning Approval of Foreign-Invested Companies’ Conducting Internet Sales and Vending Machine Sales on 19 August 2010,. According to the Circular, on-line sales are deemed as an extension on the internet of the ordinary sales activities. An existing manufacturing or trading foreign invested …

Online Retail Market For FIEs In China 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 »

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, 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 »

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 »

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 »

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 »