Policy

Chinese Authorities Discuss New Regulations on Deposits for Shared-Bikes Following Bluegogo and Coolqi Fiascos

Chinese Authorities Discuss New Regulations on Deposits for Shared-Bikes Following Bluegogo and Coolqi Fiascos

China's central bank, the People's Bank of China (PBOC) is working with the country's Ministry of Transport to discuss specific…

Nov 16, 2017
Liao Shumin
China’s Food and Drug Administration Bans Online Sales of Prescription Drugs

China’s Food and Drug Administration Bans Online Sales of Prescription Drugs

China has banned online drug sellers to sell prescription drugs on the internet. China Food and Drug Administration (CFDA) issued…

Nov 16, 2017
Zhang Xia
Economists Cut Expectations for Yuan-Dollar Rate Despite Rise in Yuan Index

Economists Cut Expectations for Yuan-Dollar Rate Despite Rise in Yuan Index

Although the yuan index rose in October, economists have cut their expectations for the yuan-dollar exchange rate for the first time in the past seven months.

Nov 14, 2017
Kan Mingfang & Huang Huihong
Tax-Free Policy on Proceeds From Shanghai-Hong Kong Stock Connect to Continue to December 2019

Tax-Free Policy on Proceeds From Shanghai-Hong Kong Stock Connect to Continue to December 2019

China’s Ministry of Finance will extend a tax exempt policy that relates to proceeds from transactions made through Shanghai-Hong Kong Stock Connect Policy to Dec. 4, 2019.

Nov 13, 2017
Chen Juan
China’s Hubei Province to Implement Real-Name Registration for Drone-Owners

China’s Hubei Province to Implement Real-Name Registration for Drone-Owners

The government of China’s central Hubei province will bring in more stringent regulations on the use of unmanned aerial vehicles…

Nov 13, 2017
Chen Juan
CFDA Brings In Measure to Stop Restaurants Outsourcing Cooking for Sales on Meal Delivery Platforms

CFDA Brings In Measure to Stop Restaurants Outsourcing Cooking for Sales on Meal Delivery Platforms

China has brought in a new rule for online takeout services, forbidding restaurants from commissioning other companies to prepare food…

Nov 13, 2017
Zhang Xia
China Doesn’t Need to Significantly Subsidize Car Sharing, Official Says

China Doesn’t Need to Significantly Subsidize Car Sharing, Official Says

The government does not need to significantly subsidize shared-car services directly or indirectly, Cheng Shidong, the director of the urban…

Nov 13, 2017
Tang Shihua
Shanghai Introduces Licensing for Shared-Bikes, Nixes E-Bike-Sharing

Shanghai Introduces Licensing for Shared-Bikes, Nixes E-Bike-Sharing

The Shanghai government instituted a new policy for bike-sharing services yesterday, declaring that e-bike sharing schemes are discouraged, and that…

Nov 10, 2017
Liao Shumin
No Happy Ending for China’s Tour Guides; Regulator Outlaws Gambling, Drugs and Erotic Parlors

No Happy Ending for China’s Tour Guides; Regulator Outlaws Gambling, Drugs and Erotic Parlors

Starting next year, Chinese tour guides will be punished by law if they take tourists to places where they must spend money, take them gambling or to ‘erotic’ places.

Nov 3, 2017
Zhang Xia
Strive to Amend E-Commerce Law, MOFCOM Urges

Strive to Amend E-Commerce Law, MOFCOM Urges

The National People's Congress (NPC) of the People's Republic of China is further amending its Electronic Commerce Law.

Nov 3, 2017
Zhang Xia
Shanghai Broadens ‘License-Permit Separation’ Reform Covering Market Entry Approvals

Shanghai Broadens ‘License-Permit Separation’ Reform Covering Market Entry Approvals

The government of Shanghai’s Pudong New Area released a plan to broaden the ‘license-permit separation’ reform yesterday, deciding to apply…

Nov 2, 2017
Zhang Xia

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