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International Law

China Briefing Blog

Provides news, analysis and commentary on economic, business and regulatory issues in China.
By Andy Scott and Chris Devonshire-Ellis

Post Frequency: 3.4/day

Last Entry: May 25, 2010 at 04:47:32

China to Release Green Car Subsidy Details in Late May

Posted on May 25, 2010
May 25 ? China is set to release the details of its green car subsidy program later this month, with measures to subsidize the buyers of green vehicles and boost domestic purchases of electric and hybrid cars. The subsidy program has already been approved by the National Development and Reform Commission, the Ministry of Finance, and [...

Regional Plan for Yangtze River Delta Approved

Posted on May 25, 2010
May 25 ? China?s State Council and the National Development and Reform Commission (NDRC) officially approved the regional plan for the Yangtze River Delta on Monday. The regional plan focuses on developing the Yangtze River Delta into a key international gateway for the Asia-Pacific region, as well as an important global center for the modern service [...

China Plans to Alter Resource Tax Structure

Posted on May 24, 2010
May 24 ? China plans to alter the tax structure on the profits made off energy products according to a work conference last Thursday in Xinjiang. The new structure, which will first be tested in a pilot program in the province, will consider resource prices as a factor when levying taxes, compared to the current structure [...

Notice on Real Estate Companies Delivering Complete Housing Projects

Posted on May 24, 2010
May 24 ? The State Administration of Taxation recently issued a new notice regarding real estate enterprises delivering complete housing projects. Guoshuihan [2010] No. 201, issued May 12, specifies the terms and conditions for real estate companies on completing housing projects...

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Shanghai Expo 2010: The New Zealand Pavilion

Posted on May 21, 2010
The 2010 World Exposition in Shanghai is the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo [...

China Credit Card Debt Increases

Posted on May 21, 2010
May 21 – The People?s Bank of China stated that mainland Chinese credit card debt has risen by 14.4 percent in the first quarter of the year. Debt more than six months overdue has now reached RMB8.8 billion, and represents 3.5 percent of all credit card debt in China...

Ningbo Issues VAT General Taxpayer Management Approach

Posted on May 20, 2010
May 20 ? The Ningbo municipal office recently issued a notice regarding the management approach for VAT general taxpayers, effective May 1. The notice, issued May 17, specifies the qualifications for VAT general taxpayers, which include business or enterprise units whose annual taxable sales exceed RMB500,000 and engage in production or service business; or other taxpayers [...

China?India Investment Events to be Held in Shanghai and Beijing

Posted on May 20, 2010
May 20 – Dezan Shira & Associates is hosting two China-India investment seminars in Beijing and Shanghai next week that details aspects of bilateral trade between the two countries as well as investment opportunities for businesses in China to participate in India...

Richard Hoffmann Explains China Foreign-Invested Partnerships

Posted on May 20, 2010
May 20 – Richard Hoffmann, senior legal associate at Dezan Shira & Associates’ Beijing office, explains in detail the regulatory and legal aspects of China?s new foreign invested partnerships and the country’s attempts to further encourage FDI in this English language interview, just aired on CCTV 9...

Shanghai Expo 2010: The Vietnamese Pavilion

Posted on May 19, 2010
The 2010 World Exposition in Shanghai is the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give [...

Shanghai Expo 2010: The Chinese Pavilion

Posted on April 30, 2010
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations [...

New Issue of China Briefing Magazine: Opportunities in China?s Emerging Industries

Posted on April 30, 2010
Apr. 30 – With foreign direct investment again on the rise in China ? FDI increased by 7.7 percent to 23.44 billion in the first quarter of this year ? and China looking to modify its catalogue for foreign investment, we use this issue of China Briefing to examine some of the markets where the [...

Shanghai Expo 2010: The Indian Pavilion

Posted on April 29, 2010
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations [...

From West to East: HSBC?s Geoghegan on China

Posted on April 29, 2010
Apr. 29 – Michael Geoghegan, the group chief executive of HSBC has relocated from London to Hong Kong to oversee the bank’s expansion into mainland China. As many readers will know, HSBC stands for the ?Hong Kong and Shanghai Banking Corporation? and its first operations were established in both cities way back in 1865...

Direct Flights Between China and Hawaii Coming Soon?

Posted on April 28, 2010
Apr. 28 – With Hawaiian Governor Linda Lingle scheduled to visit China for the Shanghai Expo, speculation is growing that there soon could be direct non-stop flights between China and the Aloha State. The visit, which will coincide with Hawaii Week at the Shanghai Expo from June 6-12, may result in the introduction of direct flight [...

Tax Updated Exemptions for Importing Advanced Technologies and Equipment

Posted on April 27, 2010
Apr. 27 ? In accordance with Financial Tariff Circular [2009] No. 55, the Ministry of Finance, General Administration of Customs, and the State Administration of Taxation recently updated Financial Tariff Circular [2010] No. 17, effective April 15. Major updated content is as follows: Imported products and equipment which meet the requirements of the ?Tentative Regulations on [...

New Circular Sets Management Restrictions for Corporate Legal Representatives

Posted on April 26, 2010
Apr. 26 ? The State Administration for Industry and Commerce (SAIC) recently issued a notice on improving management restrictions for corporate legal representatives to strengthen information management and enhance enterprises? credibility awareness. Circular (2010) No...

Heading for the Borders: Trade Opportunities along China?s Frontiers

Posted on April 26, 2010
Op/Ed Commentary: Chris Devonshire-Ellis Apr. 26 ? As China has developed rapidly over the past two decades, the dynamics of trade and the opportunities have changed. Investors looking at grabbing part of China’s continuing growth should now start to look beyond the main cities of Guangzhou, Shanghai and Beijing and begin to explore ways to learn [...

Shanghai Court Awards Record IP Damages to Microsoft

Posted on April 24, 2010
Apr. 24 – Microsoft has been awarded the largest ever amount in intellectual property damages in China after a local court in Shanghai ruled that Dazhong Insurance, a state-backed insurer, was guilty of using pirated copies of Microsoft software...

Shanghai Expo 2010: Iran, North Korea, and Myanmar Pavilions

Posted on April 23, 2010
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and [...

Market Entry Qualifications for Printing Houses Updated

Posted on April 23, 2010
Apr. 23 ? To speed up the adjustment of China’s industrial structure, better regulate market entry and promote efficient energy use, the Ministry of Industry and Information Technology recently updated regulations regarding the market entry qualifications for printing businesses...

Corporate Income Tax Exempted for Primary Processing of Agricultural Products in Jiangxi

Posted on April 23, 2010
Apr. 23 ? The local tax bureau in Jiangxi Province recently announced tax incentives and services to support the construction of Poyang Lake Ecological Economic Zone. Issued on March 31, the preferential tax policies and service measures remove business income tax on the enterprises engaging in growing vegetable and other primary processing agricultural products, as well [...

Changjitu Regional Border Zone Gets State Approval

Posted on April 23, 2010
Apr. 23 – The Changjitu National Cooperation Zone has been established with state-level approval and is the first of a new kind of development zone in China, taking in specific cross-border responsibilities and trade. The Changjitu area takes in the cities of Changchun, Jilin and the Tumen River boundary with North Korea, and includes the ethnic [...

Suzhou Government to Grant Incentives for Headquarter Enterprises

Posted on April 22, 2010
Apr. 22 ? The Suzhou municipal government recently released investment incentives to speed up the economic growth of headquarter enterprises in the city starting in May. Under the municipal industry policy, qualified headquarter enterprises setting up in Suzhou can enjoy a one-time subsidy of 1 to 3 percent -� depending on registered investment capital – of [...

Lobbying China to Alter Regulations and Improve Sales

Posted on April 22, 2010
Op-Ed Commentary: Chris Devonshire-Ellis Apr. 22 – A little explored but useful function that the more established consulting firms are able to assist with is in the field of Chinese regulatory systems and the ability to assist with lobbying to have these changed in favor of new products...

Beijing Bans Unapproved Property Deposit Taking

Posted on April 22, 2010
BEIJING, Apr. 22 – In additional moves to quell the rampant increases in China’s property market, Beijing has banned the taking of any deposits for properties unless they are officially approved prior to the application. The move to tighten pre-sale rules bans developers from taking deposits from prospective buyers of uncompleted homes until the developer obtains [...

RO Chief Representatives May Consider Power of Attorney in Tax Questioning

Posted on March 09, 2010
Op/Ed Commentary: Chris Devonshire-Ellis and Richard Hoffmann Mar. 9 – With foreign company representative offices coming under intense scrutiny at the present time due to the changes in tax treatments levied from January 1, 2010, pressure is now on the chief representatives of China-based ROs to fully comply with tax audits and questions raised over their [...

China to Loosen Publishing Laws

Posted on March 09, 2010
Mar. 9 – China is set to permit private investors to take a role in mainland publishing, the first time this will be permitted since the Communist party came to power in 1949. China?s General Administration of Press and Publication stated last year that it would dilute the monopoly held by state publishing companies and to [...

Morgan Stanley Divests Assets as Mainland Property Growth Rises 16%

Posted on March 09, 2010
Mar. 9 – Morgan Stanley is divesting its mainland China property assets and has sold off US$700 million worth of assets in the past year, the latest being its 50 percent holding in a Foshan residential project, which it has sold back to the developer for US$25million...

China Curbs Property Speculation to Avert Real Estate Bubble

Posted on March 08, 2010
Mar. 8 – Whether or not it is an appropriate time to launch a property tax and curb skyrocketing housing prices in China has aroused hot debate at the annual sessions of the National People’s Congress, China’s top legislature, and the Chinese People’s Political Consultative Conference, the top advisory body...

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