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  • 2013-11-17
  • 2 minutes Read
Law on the Protection of Consumer Rights and Interests (Amendment) will come into force on Mar. 15, 2014

The Decision of the Standing Committee of the National People’s Congress on Amending the Law on the Protection of Consumer Rights and Interests (“Decision”) , which had been adopted by the National People’s Congress on Oct. 25. The Amendment will come into force on Mar. 15, 2014. The Decision includes 31 articles. Hereinafter is the brief introduction of those articles. “Right of Revocation” for consumers without giving reasons. Article 25 of Amendment stipulates that consumers shall be entitled to return commodities ordered online, such as on internet, television, telephone, or by mail, except otherwise required by Amendment, within seven days…

  • 2013-10-17
  • 3 minutes Read
The Supreme People's Court Issues the Provisions of the Supreme People's Court on Several Issues Concerning the Application of the Enterprise Bankruptcy Law of the People's Republic of China (II)(“Provisions”)

On September 5th, 2013, the Supreme People’s Court (“SPC”) issued Provisions, effective as of September 16th, 2013. The Provisions include 48 articles, specifying the concerns relating to the property of the debtor in such perspectives as the definition for the property of the debtor, the right of rescission, the right of recall, the right of setoff, the release of preservation for the property of the debtor and the termination of implementation, and hearing of the relevant derivative actions of the debtor, etc. Hereinafter 3 aspects for your reference: To clarify the rules on the implementation of debtors’ joint-owned property. In…

  • 2013-08-17
  • 2 minutes Read
Amendment of "Trademark Law" will come into force in May 2014

Amendment of “Trademark Law” is adopted at the 4th Session of the Standing Committee of the Twelfth National People’s Congress of the People’s Republic of China on August 30, 2013, which will come into force in May, 2014. The highlights of Amendment lie in: Clarify the definition of “Trademark Use” Amendment has stipulated the methods and aim of “Trademark Use”, which can manage “Token Use”. In practice, for those trademarks which have not been used for an uninterrupted period of three years, by applying this Article, there would be more trademark removal application, and more application may be supported. List…

  • 2013-07-17
  • 2 minutes Read
The Intellectual Property Tribunal of Shanghai Municipal Higher People’s Court formulated the Guideline for Hearing Disputes Arising from Reward or Compensation to Inventors or Designers of Service Inventions ("Guideline")

Guideline was formulated at the end of June 2013, for reference by courts in Shanghai in hearing relevant cases. The following provisions stipulated in Guideline are very important for enterprises practically: Guideline has stated that the agreement between the unit and the inventor shall be prior to the statutory standard, and the standard listed in the agreement can be lower than the statutory standard. In order to avoid the direct application of statutory standard, enterprises shall add the relevant issues into their rules and regulations, or stipulate in the labor contract. According to “Guide” Article V, Article VI, the court…

  • 2013-06-17
  • 2 minutes Read
Administrative Measures on Foreign Debt Registration (“Measures”)

Measures has been taken into effect on May 13th 2013, it mainly has clarified and regulated the following aspects: Measures simplify the procedures for registering foreign debt and eliminate several approval requirements stipulated in the previous SAFE regulations. For example, except for registration of foreign debts, the opening of a foreign debt account, foreign exchange settlement of funds, repayment of capital and interests, etc., shall be directly examined and verified by a designated foreign exchange bank. Measures further clarify the management of foreign debts account, usage of capital and conversion of foreign exchange. For example, proceeds of foreign debt borrowed…

  • 2013-05-17
  • 2 minutes Read
Catalogue of Priority Industries for Foreign Investment in the Central-Western Region (2013 Revision)(“2013 Catalogue”)

2013 Catalogue will be taken into force on 10th June, 2013. Compared with Catalogue of Priority Industries for Foreign Investment in the Central-Western Region (2008 Revision), 2013 Catalogue has new features as following: To expand the scope of industries under the encouraged category. 2013 Catalogue has listed 500 industries, in which 173 kinds are newly added. For example, in the manufacture industry, for Anhui province, it has added distributed control system for important technical equipment such as complete production lines of metallurgical equipment. To optimize the direction of industries. It has added many items in the service industry, e.g. for…

  • 2013-05-17
  • 2 minutes Read
Opinions of the Ministry of Human Resources and Social Security on Certain Issues Concerning the Implementation of the Regulations on Work-related Injury Insurances (”Opinions”)

Opinions has been released on 25th April, 2013, it has further explained the issues regarding the implementation of Regulations on Work-related Injury Insurances in the following aspects: To further define the definition of “work-related travel”, “employee’s non-primary liability”, “intentional crime”, “”intoxication or drug abuse”. For example, “work-related travel” shall be considered whether such travel of the employee is related to the work assigned by the employer and whether such accident and injury the employee suffers from is attributable to the work. To further regulate the issues related to occupational disease, such as the procedure and period of diagnose, standards of…

  • 2013-04-17
  • 1 minute Read
“Administrative Measures for Diagnosis and Appraisal of Occupational Diseases “Revised (Measures)

The newly revised Measures published by National Health and Family Planning Commission has been taken into force on 10th, Apr. 2013. Measures is tilted to the employees’ interest, the main contents are as follows: To expand the scope of diagnosis agency chosen by employee. The employee can choose the diagnosis agency located in the place where the employer is situated, the place of the employee’s regular residence, or the place of the employee’s registered permanent residence. To cancel the acceptance of diagnosis, and clarify the responsibilities of diagnosis agency to diagnosis and inform the relevant information when the employee requires…

  • 2013-04-17
  • 1 minute Read
“Announcement of the State Administration of Taxation on Issues Concerning the Administrative Measures for Value-added Tax and Consumption Tax on Export Goods and Services” SAT Announcement [2013] No.12 (“Announcement”)

In order to clarify issues in the previously promulgated “Administrative Measures on Value Added Tax and Consumption Tax for Exporting Goods and Services (SAT Announcement [2012] No. 24),” SAT released Announcement recently, which has been taken into effect on April 1, 2013. Highlights of Announcement are as follows: The tax of bonded materials and parts under the feeding processing trade shall be calculated based on the amount of real consumption instead of the amount of purchase. To extend the term of tax refund (exemption) declaration. “Announcement” stipulates that the deadline for the application for the tax exemption on export goods…

  • 2013-03-17
  • 2 minutes Read
Announcement on Issues Concerning Income Tax on Policy-related Relocation of Enterprises (“Announcement”)

The State Administration of Taxation released Announcement on Mar. 12, 2013, in which it has further clarified the issues, where the relocation agreement of a policy-based enterprise relocation project has been signed prior to the effective date of Announcement of the State Administration of Taxation on Issuing the Administrative Measures of Enterprise Income Tax on Incomes Obtained from Policy-based Relocation (“Announcement No. 40”) released on Aug. 2012, but the relocation liquidation thereof fails to be completed before such date. The main contents include: The Announcement clarifies that, where the relocation agreement of a policy-based enterprise relocation project has been signed…