JC Master Legal News Issue 936

Key Takeaways for This Issue

The Shenzhen Stock Exchange has announced the 2019 annual assessment results for listed companies’ information disclosure and revised and released the Measures for Information Disclosure Assessment.

Recently, the Shenzhen Stock Exchange completed its 2019 assessment of listed companies’ information disclosure and released the results. The findings indicate that while the overall quality of information disclosure among listed companies has been steadily improving, non‑compliant disclosure practices remain notably prevalent at some offices.

The Ministry of Commerce has designated 15 new National E-commerce Demonstration Bases.

The 2020 China E-Commerce Conference was held on the afternoon of September 5 at the National Convention Center in Beijing. At the opening ceremony, Vice Minister of Commerce Qian Keming presented plaques to the 15 newly designated National E-Commerce Demonstration Bases.

Announcement of the State Taxation Administration on Several Issues Concerning the Collection and Administration of the Resource Tax

The Resource Tax Law of the People’s Republic of China came into effect on September 1, 2020. On August 28, the State Taxation Administration issued the “Announcement of the State Taxation Administration on Several Issues Concerning the Collection and Administration of the Resource Tax.”

Guiding Opinions of the Supreme People’s Court, the Supreme People’s Procuratorate, and the Ministry of Public Security on the Lawful Application of the System of Legitimate Defense

On September 3, the Supreme People’s Court held a press conference to release the “Guiding Opinions of the Supreme People’s Court, the Supreme People’s Procuratorate, and the Ministry of Public Security on the Lawful Application of the Legitimate Defense System” (hereinafter referred to as the “Guiding Opinions”), further standardizing and improving the legitimate defense system.