Legal news - Lexis China

Export Tax Refund Policy to Be Applied to Fuel Oil Used to Refuel International Voyage Vessels [2020-01-23]

Summary:

Three authorities including the Ministry of Finance ("MOF") have recently issued the Announcement on Applying the Export Tax Refund Policy to Fuel Oil Used to Refuel International Voyage Vessels (the "Announcement") which shall enter into force from February 1, 2020.

VAT Policies for Lease of State-owned Farmland and Others Clarified [2020-01-23]

Summary:

The Ministry of Finance ("MOF") and the State Taxation Administration ("STA") have recently issued the Announcement on Clarifying the Value-added Tax Policies for Lease of State-owned Farmland and Others (the "Announcement"), immediately effective from the date of issuance.

MOF Releases Administrative Measures for Government Procurement of Services [2020-01-23]

Summary:

The Ministry of Finance ("MOF") has recently issued the Administrative Measures for Government Procurement of Services (the "Measures"), with effect from March 1, 2020.

State Council Decides to Temporarily Adjust the Implementation of Relevant Provisions of Certain Administrative Regulations in FTZs [2020-01-23]

Summary:

The State Council has recently distributed the Circular on Temporarily Adjusting the Implementation of Relevant Provisions of Certain Administrative Regulations in the Pilot Free Trade Zones (the "Circular").

IIT Policy for Foreign-sourced Income Clarified [2020-01-22]

Summary:

Recently, the Ministry of Finance ("MOF") and the State Taxation Administration ("STA") have jointly issued the Announcement on the Individual Income Tax Policy for Foreign-sourced Income (the "Announcement") which is applicable to the handling of related tax affairs for the year 2019 and thereafter.

SPC Improves and Standardizes the Appointment-based Mediation Mechanism [2020-01-22]

Summary:

The Supreme People's Court ("SPC") has recently issued the Guiding Opinions on Further Improving the Appointment-based Mediation Mechanism (the "Opinions").

Joint Prevention and Control Mechanism of Water Pollution Emergencies along the Upper and Lower Reaches of Rivers Running across Provinces to Be Established [2020-01-22]

Summary:

The Ministry of Ecology and Environment ("MEE") and the Ministry of Water Resources ("MWR") have recently issued the Guiding Opinions on Establishing the Joint Prevention and Control Mechanism of Water Pollution Emergencies along the Upper and Lower Reaches of Rivers Running across Provinces (the "Guiding Opinions").

Light Rejection Rate of 10% Means Red Grading under NEA's New Edition of Assessment Indicators for the Photovoltaic Power Generation Market [2020-01-22]

Summary:

The National Energy Administration ("NEA") has recently issued the Measures and Standards for Environmental Monitoring and Assessment for the Photovoltaic Power Generation Market (2019 Revised Edition) (the "Measures and Standards"), immediately effective from the date of issuance.

Basic Specification for Collecting Personal Information in Mobile Internet Apps Released for Public Consultation [2020-01-22]

Summary:

The National Information Security Standardization Technical Committee ("NISSTC") has recently issued the Information Security Technology - Basic Specification for Collecting Personal Information in Mobile Internet Applications (App) (Draft for Comment) (the "Draft for Comment") for public comment by March 20, 2020.

NEEQ Publishes Q&A on the Review of Listings on New Third Board's Select Tier [2020-01-22]

Summary:

The National Equities Exchange and Quotations Company Limited ("NEEQ") has recently enacted and issued the Questions and Answers (I) on the Review of Listings on the Select Tier of the National Equities Exchange and Quotations (the "Q&A"), immediately effective from the date of issuance.

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