The General Administration of Customs Issue Bulletin on the Catalogue of Industries for Guiding Foreign Investment
Catalogue of Industries for Guiding Foreign Investment ("Catalogue") is the guidance about investment for foreign institution and individual. It is divided into three categories, namely, encouraged industry, permitted industry, restricted and prohibited industry.
Domestic securities market open to RMB fund aboard
According to the Measures, the experimental work begins from fund management companies and securities companies in Hong Kong which are familiar with the domestic securities market.
No working permit, no compensation
,"Employer shall apply for working permit for foreign employee, and the labor relationship shall be established provided that the working permit is gained after approval by authority".
Under the Bill of Immigration Control Act, no judicial remedy is provided to expelled foreigner
Fines up to RMB 50,000 on illegal employment of foreigner
The foreigner who works in China without permits shall be subject to termination of position and fines up to RMB 1,000.
Social insurance for foreign employee in China
Foreigners convicted of counterfeiting registered trademarks may be expelled
Subscription to social insurance by foreigner employee in China
No Exemption from Urban Maintenance and Construction Tax and Educational Surcharges
Foreigners living or travel in China: do not violate the Surveying and Mapping Law of China