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LAW UPDATE

PRC LEGISLATION NEWS (JUNE 2013—JULY 2013)

Aug.2013

PART I: SUMMARY OF SOME IMPORTANT LEGAL DEVELOPMENTS

 On June 20, 2013, the Ministry of Human Resources and Social Security issued the Implementing Measures on Administrative Licensing of Labor Force Dispatchment. The Measures provide governmental licensing departments in charge of labor force dispatchment, requirements for engaging in labor dispatchment business, procedures for administrative licensing examination and approval, and supervision and inspection over labor dispatching business. (See No. 12 below)

PART 2: LIST OF NEW REGULATIONS
 Foreign Investment
1. On May 30, 2013, the State Council issued the Decision on Revising the "Regulations of the People's Republic of China on the Administration of Foreign-Funded Insurance Companies". The Decision came into effect on August 1, 2013.
http://www.gov.cn/zwgk/2013-06/08/content_2422468.htm 
 State-owned Assets Administration
2. On May 7, 2013, the Ministry of Finance issued the Operating Rules on Transactions of State-owned Property Rights by Central Cultural Enterprises. The Rules came into effect on June 1, 2013.
http://wzb.mof.gov.cn/pdlb/zcfb/201306/t20130617_925340.html
3. On May 7, 2013, the Ministry of Finance issued the Notice on Strengthening the Administration over Transactions of State-owned Property Rights by Central Cultural Enterprises. The Notice came into effect on the date of issuance.
http://wzb.mof.gov.cn/pdlb/zcfb/201306/t20130617_925327.html
 Foreign Exchange
4. On July 18, 2013, the State Administration of Foreign Exchange issued the Guidelines for Foreign Exchange Administration of Service Trade and the related Implementation Rules. The Guidelines and the related Implementation Rules will come into effect on September 1, 2013.
http://www.safe.gov.cn/resources/wcmpages//wps/wcm/connect/safe_web_store/safe_web/zcfg/jcxmwhgl/fwmywhgl/node_zcfg_jcxm_fwmy_store/e433190040775f79858ce726bedaaa55/
 Securities and Capital Markets
5. On July 1, 2013, the General Office of the State Council issued the Guiding Opinions on Finance Supporting of Economic Structure Adjustment, Transformation and Upgrading, which came into effect on the date of issuance.
http://www.gov.cn/zwgk/2013-07/05/content_2440894.htm 
6. On June 25, 2013, the Ministry of Finance issued the Notice on Printing and Distributing the Measures for the Pilot Scheme of Self-Issuance of Bonds by Local Governments in 2013. The Notice came into effect on the date of issuance.
http://gks.mof.gov.cn/zhengfuxinxi/gongzuodongtai/201307/t20130704_948951.html
 Insurance
7. On May 31, 2013, the Supreme People’s Court issued the Interpretations on Several Issues Concerning the Application of the "Insurance Law of the People's Republic of China" (II). The Interpretations came into effect on June 8, 2013.
http://www.court.gov.cn/qwfb/sfjs/201306/t20130609_185248.htm
8. On June 7, 2013, the China Securities Regulatory Commission and China Insurance Regulatory Commission issued the Measures for the Pilot Program of Investment  in and Establishment of Fund Management Companies by Insurance Institutions. The Measures came into effect on June 18, 2013.
http://www.csrc.gov.cn/pub/zjhpublic/G00306201/201306/t20130621_229546.htm
9. On June 3, 2013, the China Securities Regulatory Commission and China Insurance Regulatory Commission issued the Interim Administrative Provisions on the Sale of Securities Investment Funds by Insurance Institutions. The Provisions came into effect on the date of issuance.
http://www.csrc.gov.cn/pub/zjhpublic/G00306201/201306/t20130607_229149.htm
 Other Legislation
10. On June 28, 2013, the Ministry of Civil Affairs issued the Licensing Measures on the Establishment of Elderly Care Institutions, which came into effect on July 1, 2013.
http://www.mca.gov.cn/article/zwgk/fvfg/shflhshsw/201306/20130600480075.shtml 
11. On June 28, 2013, the Ministry of Civil Affairs issued the Measures on Administration of Elderly Care Institutions, which came into effect on July 1, 2013.
http://www.mca.gov.cn/article/zwgk/fvfg/shflhshsw/201306/20130600480076.shtml 
12. On June 20, 2013, the Ministry of Human Resources and Social Security issued the Implementing Measures for Administrative Licensing of Labor Force Dispatchment. The Measures came into effect on July 1, 2013.
http://www.gov.cn/flfg/2013-06/21/content_2430867.htm
13. On May 31, 2013, the National Health and Family Planning Commission issued the Administrative Measures on Examination of Safety of New Food Ingredients. The Measures will come into effect on October 1, 2013.
http://www.moh.gov.cn/fzs/s3577/201307/34de96581cfc4751be3bc83870360472.shtml
14. On June 29, 2013, the Standing Committee of the National People’s Congress issued the Law on Safety of Special Equipment of People’s Republic of China, which will come into effect on January 1, 2014.
http://www.npc.gov.cn/npc/xinwen/2013-06/30/content_1799639.htm 
15. On July 16, 2013, the Ministry of Industry and Information Technology issued the Provisions on Personal Information Protection of Telecom and Internet Users. The Provisions will come into effect on September 1, 2013.
http://www.miit.gov.cn/n11293472/n11293832/n12843926/n13917072/15514067.html                         
16. On July 18, 2013, the State Council issued the Decision on Repealing and Revising Certain Administrative Regulations. The Decision came into effect on the date of issuance.
http://www.gov.cn/zwgk/2013-07/26/content_2456151.htm

End Notes:

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