201308.30
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Adjustment of Administrative Approval in China (Shanghai) Free Trade Trial Zone

On August 30, 2013, the Standing Committee of the National People’s Congress (“Standing Committee”) issued a decision in which the State Council is authorized to temporarily adjust certain rules on administrative approval in relevant laws within China (Shanghai) Free Trade Trial Zone (hereinafter the “Decision”), which will enter into effect on October 1, 2013. In…

201307.12
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New Regulations on Exit and Entry of Foreigners

On July 12, the State Council issued the PRC Administrative Regulation of Entry and Exit of Aliens (the “Administrative Regulation”) which took effect on September 1, 2013. The promulgation of the Administrative Regulation aims to specify the exit and entry rules in the PRC Exit-Entry Administrative Law (the “Exit-Entry Administrative Law”) which came into force…

201305.10
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China Simplifies Rules on Foreign Exchange Administration of Foreign Direct Investment

On May 10, 2013, State Administration of Foreign Exchange (“SAFE”) released the “Regulations on the Foreign Exchange Administration of Domestic Foreign Direct Investment” (hereinafter the “Regulations”), which came into effect on May 13, 2013. The promulgation of the Regulations aim to further simplify and clarify the foreign exchange administration of foreign direct investment (“FDI”) into…

201302.01
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The People’s Supreme Court Issued Interpretation IV on Certain Issues Regarding Applicable Laws in Labor Dispute Cases

The People’s Supreme Court (“Supreme Court”) released the Interpretation IV on Certain Issues regarding Applicable Laws in Labor Dispute Cases (hereinafter the “Interpretation”) on December 31, 2012, which came into effect on February 1, 2013. The Interpretation includes the following major issues: 1. Jurisdiction of Labor Dispute Litigation The court has the power to censor…

201212.10
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Beijing and Shanghai Allow 72-hour Transit without Visa for Citizens from 45 Countries

Starting from January 1, 2013, foreign passengers from 45 countries/regions, with a third country visa and flight ticket, will be able to enjoy the new policy of “72-hour Transit Without Visa (TWOV)” when transiting through Beijing Capital International Airport (PEK), Shanghai Hongqiao Airport (SHA) and Shanghai Pudong International Airport (PVG). This new policy is designed…

201211.19
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Notice on Further Improvement and Revision of Foreign Exchange Regulatory Policies concerning Foreign Direct Investment

On November 19th, 2012, State Administration of Foreign Exchange (SAFE) issued a Notice on Further Improvement and Revision of Foreign Exchange Regulatory Policies concerning Foreign Direct Investment (hereinafter referred to as the Notice) which shall be implemented since December 17th, 2012. By improving the foreign exchange (FX) regulatory system concerning foreign direct investment (FDI) as…

201210.25
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Interim Regulations on Capital Contribution by Equities in Foreign Invested Enterprises

Minister of Commerce (“MOFCOM”) released the Interim Regulations on Capital Contribution by Equities in Foreign Invested Enterprises (“FIE”) (hereinafter the “Interim”) on September 21, 2012, which came into effect on October 22, 2012. The Interim was promulgated after the public comments collection in May 2011 and over one year’s research on relevant issues by MOFCOM….

201210.18
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China’s New Exit-Entry Administration Law

On June 30th, 2012, the National People’s Congress Standing Committee of People’s Republic of China issued the new Exit-Entry Administration Law (hereinafter referred to as the “New Law”) which is applicable to exit-entry of both Chinese nationals and foreign nationals and shall come into effect on July 1st, 2013. Key Points The New Law strengthens…