New Laws:
1£®Foreign Investment Directory for the Middle and Western Regions £¨amendment in 2008£©
2£®Patent Law of PRC ( amendment in 2008)
3£®Circular on the implementation of regulations on the establishment of headquarters of Multinational Companies in Shanghai (No.28, 2008, Hufufa)

News Items:
1£®Annual License Reviews
2£®Foreign investment in Shanghai has exceeded US$10 billion in 2008
3£®China issues new product catalog under import/export licensing
4£®Trade: Export tax rebate net widened

New Laws:
1£®A Summary of Provisional Turnover Tax Regulations
2£®Circular on Withholding Tax treatment for PRC-sourced interest income derived by non-resident enterprises, Guoshuihan [2008] No. 955
3£®Circular on Tax paid proof concerning payment of foreign exchange for service trade, Huifa [2008], No. 64
4£®China Insurance Regulatory Commission, Interpretation on Several Issues Concerning the Application of the (Measures for the Administration of Representative Offices in China of Foreign Insurance Institutions)

General News:
1£®More IPR tribunals to be set up as lawsuits rise
2£®Tax exemptions for social security funds
3£®China sets first 8-day holiday for next year

New Laws:
1£®State Council Implementation Regulations for Labor Contract Law
2£®SAFE circular on registered capital of FIEs
3£®SAFE revision on Forex Administration Rules

General News:
1£®Survey finds Shanghai most attractive to global investors over next three years
2£®The development and protection of China¡¯s intellectual property rights
3£®House prices may continue to fall for 10 years to come