MAINLAND CHINA

Guangdong Tightens Regulation on Manufacturers of Hazardous Chemicals

23 April 2021

On 13 March, the Department of Emergency Management of Guangdong Province issued a circular on the strict implementation of “four prohibitions” in the production of hazardous chemicals. More

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China Exempts Anti-HIV Drugs from Import Duties

23 April 2021

On 29 March, the Ministry of Finance, the General Administration of Customs and the State Taxation Administration jointly issued a circular detailing the preferential tax treatment for importing anti-HIV/AIDS drugs. More

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China to Raise Utilisation of Bulk Solid Wastes

23 April 2021

Last month, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology and other departments jointly released guidelines for the comprehensive utilisation of bulk solid wastes during the 14th Five-Year Plan period (Fa Gai Huan Zi No. 381 [2021]). More

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China Announces Further Financial Support for Hainan’s Reform and Opening Up

23 April 2021

On 30 March, the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange jointly released a plan outlining financial support for the comprehensive deepening of reform and opening up in Hainan. More

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Budgetary Funds to Support Projects in Greater Bay Area and Yangtze River Delta

22 April 2021

On 19 April, the National Development and Reform Commission (NDRC) released guidelines for allocating budgetary funds to support the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the integrated development of the Yangtze River Delta region (Fa Gai Di Qu Gui No. 466 [2021]). More

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Hainan Free Trade Port Further Eases Market Access

22 April 2021

On 7 April, the National Development and Reform Commission and the Ministry of Commerce (Fa Gai Ti Gai No. 479 [2021]) issued guidelines on easing of market access in the Hainan Free Trade Port across sectors such as medicine and health, culture and education. More

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Lingang to Boost Financial Services and Real Economy

22 April 2021

On 24 March, the Lingang New Area Management Committee of the China (Shanghai) Pilot Free Trade Zone released implementation opinions on using the functions of the capital market to promote the high-quality development of enterprises in the Lingang New Area (Hu Zi Mao Lin Guan Wei No. 208 [2021]. More

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China Deepens Reforms to Tax Collection and Management

22 April 2021

Under guidelines recently issued by the General Office of the State Council on furthering reforms to tax collection and management, China aims to make significant progress on the standardisation of tax law enforcement, the convenience of tax and fee services, and the precision of tax supervision, by 2022. More

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Guangdong Releases Development Plans for Zhuhai, Shantou and Zhanjiang

21 April 2021

On 2 February, the provincial party committee and provincial government of Guangdong issued three plans for the development of Zhuhai, Shantou and Zhanjiang respectively through until 2035. More

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China Updates Registration Procedures for Infant Formula Milk Powder Products

21 April 2021

In line with the requirements of the new national safety standards for infant formula food products promulgated on 22 February 2021, which will take effect on 22 February 2023, the State Administration for Market Regulation issued an announcement on matters concerning the registration of formulas for such products (No. 10 [2021]) on 23 March. More

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