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.中国(".china") domain names available for registration

De Brauw Blackstone Westbroek
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China
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December 12 2012

As of 29 October 2012, the domain name ".中国" (i.e. China in Chinese characters) is available for separate public registration with Latin alphabets, Arabic numerals, a combination of the two andor inserting a hyphen

Amendments of PRC Civil Procedure Law aim to strengthen efficiency and transparency of Chinese judicial system

De Brauw Blackstone Westbroek
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China
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December 12 2012

A revision of the PRC Civil Procedure Law ("CPL") that comes into force on 1 January 2013 aims to strengthen court efficiency, clarify the rules of evidence and rights of litigants, and improve judicial transparency

China leadership reshuffled at the 18th Party Congress

De Brauw Blackstone Westbroek
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China
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December 12 2012

China held its 18th Party Congress from 8 to 14 November 2012

CIETAC sets up a Hong Kong arbitration centre

De Brauw Blackstone Westbroek
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China, Hong Kong
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December 12 2012

CIETAC, the Chinese arbitration institute handling most of the foreign related arbitrations, has opened an arbitration centre in Hong Kong

Shares in Chinese companies can now be contributed to Chinese Foreign Invested Enterprises

De Brauw Blackstone Westbroek
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China
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December 12 2012

Until recently it was not possible for shareholders of Foreign Invested Enterprises ("FIEs") (such as Sino-Foreign Joint-Ventures and WFOEs) to contribute equity interest in other PRC companies to the FIE

SAFE eases its grip on foreign exchange control over FDI and M&A

De Brauw Blackstone Westbroek
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China
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December 12 2012

The exchange controls relating to foreign direct investments will be greatly simplified as of 17 December 2012

OEM solely for export is not deemed an infringement of PRC trademark rights

De Brauw Blackstone Westbroek
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China
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December 12 2012

In some cases a party that has branded goods manufactured in China for export ("OEM" manufacturing) holds the relevant trademark in the country of destination, while another party holds the relevant trademark in China

Shanghai pilots the new RQFLP program

De Brauw Blackstone Westbroek
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China
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December 12 2012

Institutional investors satisfying certain criteria may directly remit RMB funds raised overseas to Shanghai to set up private equity funds for private equity investments under the pilot RMB Qualified Foreign Limited Partner ("RQFLP") program

Expansion of China's pilot program for replacing business tax with VAT

De Brauw Blackstone Westbroek
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China
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August 27 2012

In our China Update circulated in January 2012, we reported that on 17 November 2011 the Ministry of Finance ("MOF") and the State Administration of Taxation ("SAT") introduced a pilot program in Shanghai to replace business tax on transportation services and 'modern' services ("Qualifying Services") with value-added Tax ("VAT") commencing on 1 January 2012

Arbitration in China affected by CIETAC internal dispute

De Brauw Blackstone Westbroek
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China
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August 27 2012

A dispute between the central Beijing commission of the China International Economic and Trade Arbitration Commission ("CIETAC") and its Shanghai and Shenzhen sub-commissions has arisen as the two sub-commissions refused to comply with the new arbitration rules issued by CIETAC that came into effect on 1 May 2012

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