“When the well is dry, we know the worth of water.” Benjamin Franklin, Poor Richards Almanac There are recent talks about Beijing diverting seawater from nearby provinces as an immediate solution to supplying the capital city with a much needed water supply. Seawater is not the number one choice for Beijing, but a delay of …
In an attempt to increase public transportation use in the capital city, Beijing will extend its rail and subway lines and open more express bus lanes in 2010. The end goal is to get 40% of Beijing’s commuters using public transportation this year.. 38.7% of the city’s residents used public transportation as their primary source …
The “Circular on Strengthening the Administration of the Collection of Individual Income Tax on the Transfer of Restricted Shares” was released by the State Administration of Taxation (SAT) to explain the collection process of Individual Income Tax (IIT). It states that a taxpayer is required to pay an overdue tax bill if the amount deducted …
IIT Avoided On Transfer Of Restricted Shares To Be Pursued Read More »
A new one-year Masters program in European and International Law is being offered by the China-EU School of Law (CESL) in Beijing. Responding to the increase in demand for highly qualified legal expertise in matters of Chinese, European, and International law, this master’s program taught in English combines renowned international faculty from 15 Chinese and …
The “Measures for the Administration of Tax Refunds for Purchasing Homemade Equipment by R&D institutions” (“the Measures”), issued by the State Administration of Taxation (“SAT”), and effective for a period from July 4, 2009, until December 31, 2010, addresses tax refunds R&D institutions are entitled to after making purchases of homemade equipment. As outlined within …
Tax update: Rebate on R&B purchases of homemade equipment Read More »
Walk down any street in Beijing, and within minutes you are likely to cross paths with several proud dogs and their owners. Just like in any other city, Beijing’s pet community can enjoy a happy life of pampering, being fed and watered, and taken for walks. Their standard of living (and life expectancy) is only …
Zhou Shengxian, Minister of Environmental Protection, has stated that by Jue 2010 a plan to control heavy metal pollution shall be released. The urgency of the matter was highlighted when in 2008, 4035 people were found to have excessive lead in their blood, and a further 182 found to have excessive cadmium. The plan, undergoing …
State Council to issue plan to address heavy metal pollutant concerns Read More »
Zhou Shengxian, Minister of Environmental Protection, announced the reduction of China’s chemical oxygen demand (“COD”) and sulphur dioxide emissions for four consecutive years. Sulphur dioxide emissions were recorded to have dropped 10.4 percent in 2009, compared with the figures for 2008. The target plans set by the government, aimed at reducing the emissions of major …
Successful reduction of sulphur dioxide emissions Read More »
According to the National Narcotics and Control Team, 2009 saw more drug cases and quantity of drugs than any other year in Chinese history. Chinese customs took control of 2,119.2 kilograms of drugs during its crackdown on drug trafficking. This figure is seen as 150 percent increase from 2008. 506 drug smuggling cases were brought …
The State Intellectual Property Office issued a notice concerning the Enforcement of the Amended Patent Law on the 29th of September 2009 in order to clarify the submission of patent applications and rules governing patent issues. When an applicant applies for both a patent of utility model and a patent of invention on the same …
Notice Concerning the Enforcement of the Amended Patent Law Read More »
