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China to Dissolve SAPPRFT, Form Radio & TV Bureau Directly under State Council

Caixin, 3/13/18

China's State Council, the country's cabinet, submitted an organizational reform plan for deliberation at the first session of the thirteenth National People's Congress today. Read More

Rumor: China's Banking Regulator to Consolidate Micro Lending Industry

International Financial News, 11/22/17

The Financial Stability and Growth Committee of China's State Council, the country's cabinet, has instructed the China Banking Regulatory Commission (CBRC) to clean up and rectify the online lending market, according to an industry insider cited by International Financial News. Read More

China Cancels Centralized Approval Process for B2C, B2B Online Drug Trading Licenses

Vcbeat.net, 1/22/17

China's State Council, the country's cabinet, has announced that it is canceling the centralized examination and approval process for issuance of two types of license that grant the right for an enterprise to establish self-operated B2B and B2C online pharmaceutical trading platforms. Read More

China to Implement Internet Financial Risk Regulations by March 2017

DoNews, 10/13/16

The State Council, China's cabinet, has issued remedial regulations specifically targeting internet financial risk that must be implemented before the end of March 2017. Read More

China's 13th Five-year Plan Outlines Technology Development Goals

Xinhuanet, 3/17/16

Following the recent conclusion of the two sessions of the National People's Congress (NPC) and the Chinese Political Consultative Conference (CPPCC), Chinese lawmakers have released the full text of the country's 13th Five-Year Plan for economic and social development. Read More

China Issues Draft E-commerce Counterfeit, Online IPR Infringement Rules

Gov.cn, 11/07/15

The General Office of China's State Council recently issued a draft plan to crack down on counterfeit e-commerce products and internet copyright infringement and to accelerate the development of related laws and regulations. Read More

China Issues Draft Plan to Accelerate O2O Business Development

Gov.cn, 9/29/15

The General Office of China's State Council released a draft plan today to accelerate the innovation, transformation, development, and advancement of O2O businesses. Read More

China to Implement Telecom VAT Trials on June 1

China Mobile, 4/30/14

China Mobile (NYSE: CHL; 0941.HK) has announced in a regulatory filing that that its parent company, China Mobile Communications Corporation, received a notification jointly issued by China's Ministry of Finance and State Administration of Taxation that, as approved by China's State Council, the telecommunications industry will be included in the scope of the pilot program for the transformation from business tax to value-added taxes. Read More

China Approves Alibaba, Tencent Banking Trials

iResearch, 3/11/14

Shang Fulin, Chairman of the China Banking Regulatory Commission (CBRC), recently revealed that China's State Council has given its nod of approval for the establishment of 5 private bank pilot programs. Read More

China to Start Telecom VAT Trials in April

Tencent Tech, 3/06/14

According to draft legislation submitted by China's Ministry of Finance (MoF) to the National People's Congress (NPC) for deliberation yesterday, the MoF will implement telecom industry value-added tax (VAT) trials on April 1, switching telecom operators from a business tax to a value-added tax. Read More