CORPORATION

• COMPANY ACT AMENDED TO FACILITATE FINANCIAL ASSIS-TANCE PROGRAM
• LEGALITY OF REAL ESTATE TRANSACTIONS NOT SPE-CIALLY APPROVED BY SHARE-HOLDERS' MEETING

ENVIRONMENTAL　PROTECTION

• WASTE DISPOSAL ACT UNDER AMENDMENT

INSURANCE

• SELF-DISCIPLINE ON CON-DUCTING POLICY LOAN BY LIFE INSURANCE ENTERPRISES
• GUIDELINES FOR ISSUING BONDS WITH CAPITAL CHAR-ACTERISTICS BY INSURANCE ENTERPRISES
• AMENDMENT TO "REGULATIONS GOVERNING ESTABLISHMENT AND ADMINISTRATION OF FOREIGN INSURANCE ENTERPRISES"
• REVOCATION OF "POINTS OF APPROVING ESTABLISHMENT OF REPRESENTATIVE OFFICES BY FOREIGN INSURANCE INSTITUTES"

INTELLECTUAL PROPERTY RIGHTS

• INDICATION OF PART OF A COMPANY NAME IS NOT TRADEMARK USE
• UNAUTHORIZED USE OF ANOTHER'S TRADEMARK AS AN ENGLISH CORPORATE NAME IS NOT ALLOWED
• DIRECTORY OF WELL-KNOWN TRADEMARKS PUBLISHED BY THE IPO
• PRACTICE AND IMPORTANCE OF IP COURT
• CAN SMALL STORES WITH TV RECEIVERS PLAY PROGRAMS OF WIRELESS TV STATIONS
• IMPLEMENTATION PLAN FOR EXPEDITING EXAMINATION OF INVENTION PATENT
• CHINESE PATENT LAW AMENDED
• CHINESE PATENT EXAMINATION PRACTICE – PATENT AMENDMENT
• EXPEDITED ISSUANCE OF NEW UTILITY MOTEL TECHNICAL REPORT

INVESTMENT

• FURTHER REDUCTION OF PENALTIES FOR UNAPPROVED PRC INVESTMENTS AND ENCOURAGEMENT OF INBOUND INVESTMENTS

LITIGATION

• PROPERTY LAW, CIVIL CODE AMENDED

SECURITIES

• RELAXATION OF RULES ON ISSUE PRICE DISCOUNT FOR COMMON SHARES TO BE ISSUED THROUGH RIGHTS ISSUE OR FOR SPONSORING GDSs ISSUANCE

TAX

• FLAT TAX RATE OF 10% ON ESTATE AND GIFT
• EXTENSION OF PERIOD FOR TAX LOSS CARRY FORWARDS TO TEN YEARS
• AMENDMENT TO ARTICLE 28 OF THE TAX COLLECTION ACT–LIFTING FIVE-YEAR TIME LIMIT ON APPLYING FOR REFUND OF OVERPAID TAX ATTRIBUTABLE TO GOVERNMENT AGENCIES