From 2020, these new regulations will affect your life and mine!

The business environment will be more optimized

Li Keqiang, Premier of the State Council of the People’s Republic of China signed the the State Council Order, promulgating the Regulations on Optimizing the Business Environment, which will take effect on January 1, 2020. The "Regulations" make corresponding provisions from the level of improving the system and mechanism.One isClarify the principles and direction of optimizing the business environment;The second isStrengthen the protection of market players;The third isOptimize the market environment;The fourth isImprove the ability and level of government service;The fifth isStandardize and innovate supervision and law enforcement;Six isStrengthen the guarantee of the rule of law. At the same time, the "Regulations" propose that the government and its relevant departments should handle government affairs services according to actual conditions.On-the-spot settlement, one-time settlement, time-limited settlement and other systems will realize centralized handling, nearby handling, online handling and off-site handling.

Implementation of the Regulations on the Implementation of the Foreign Investment Law of People’s Republic of China (PRC) (Draft)

On December 12th, Li Keqiang, Premier of the State Council of the People’s Republic of China presided over the the State Council executive meeting, and adopted the Regulations for the Implementation of the Foreign Investment Law of People’s Republic of China (PRC) (Draft), which will be implemented simultaneously on January 1st, 2020. The "Regulations" focus on the concerns of foreign businessmen, and materialize and clarify related matters from the level of administrative regulations.One isTreat domestic and foreign-funded enterprises equally.The second isStrengthen investment protection.The third isIt is stipulated that the competent department shall not set discriminatory requirements for foreign investors in terms of licensing conditions and application materials when examining the access licenses of relevant industries and fields.The fourth isIt stipulates the legal liability for illegal acts such as not treating foreign-funded enterprises equally according to law and illegally restricting foreign-funded enterprises’ equal participation in standard setting.The fifth isIt is clear that Hong Kong and Macao investors will invest in the Mainland with reference to the Foreign Investment Law and the Regulations; Taiwan Province investors investing in the mainland shall be governed by the Taiwan Province Compatriots Investment Protection Law and its detailed rules for implementation, and matters not specified shall be governed by the Foreign Investment Law and the Regulations.

Import tariffs on some commodities should be adjusted.

The State Council Customs Tariff Commission issued a notice to adjust import tariffs on some commodities. Since January 1, 2020, China will impose a provisional import tax rate lower than the most-favored-nation tax rate on more than 850 commodities. Among them, moderately increase the import of domestic consumer goods that are relatively scarce or have foreign characteristics,Add or reduce frozen pork, frozen avocado and non-frozen orange juice.Temporary tax rate for imports of commodities such as; Yes, forAlkaloid drugs for treating asthma and raw materials for producing new diabetes drugs.Implement zero tariffs; Add or reduce the provisional import tax rate of semiconductor testing sorting and braiding machines, high-pressure turbine clearance control valves and other commodities; Increase or decrease the provisional import tax rate of some timber and paper products. In addition, the provisional import tax rates for tungsten scrap and niobium scrap were abolished, and the MFN tariff rate was resumed.

High-speed traffic will implement new charging standards.

Issued by the Ministry of TransportNotice on Issues Related to Implementing the Industry Standard (JT/T 489—2019) of Vehicle Toll Vehicle Classification on Toll Roads, clear the unified toll road fromFrom January 1, 2020Collect vehicle tolls according to the new classification. For trucks and special operation vehicles, from January 1, 2020, it will be opened.Electronic toll collection function, ETC single card users (ETC users without on-board devices) no longer enjoy the basic preferential policy of vehicle tolls of not less than 5% in principle.. In addition, re-approved vehicle classification, right8-seat and 9-seat minibuses with a length less than 6 meters., from January 1, 2020, unifiedCollect vehicle tolls according to Class 1 passenger cars., and install, replace ETC vehicle-mounted devices or adjust models.

Some administrative fees should be reduced.

The National Development and Reform Commission and the Ministry of Finance jointly issued a notice, deciding to reduce some administrative fees. selfFrom January 1st, 2020, the charging standard of motorcycle (including ordinary motorcycle, moped, coach motorcycle, embassy motorcycle, consulate motorcycle) license plate fee.From each pair of 70 yuan to 35 yuan; come and goTaiwan Pass (Electronic) Charging StandardFrom each 80 yuan to 60 yuan;Mainland travel permit for taiwan residents (reissue) charging standardFrom each 500 yuan to 200 yuan.

The coal-electricity price linkage mechanism was cancelled and changed to "benchmark price+fluctuation"

Since January 1, 2020, the Guiding Opinions on Deepening the Reform of the On-grid Electricity Price Formation Mechanism of Coal-fired Power Generation issued by the National Development and Reform Commission has been implemented. The "Opinions" clarify that the current on-grid tariff mechanism for coal-fired power generation benchmarks will be changed to"benchmark price+fluctuation"Market-oriented price mechanism. The benchmark price is determined according to the local current benchmark on-grid electricity price of coal-fired power generation, and the floating range isNo more than 10% floating and no more than 15% floating in principle.. Spot transactions carried out by the power trading center in accordance with the power system reform plan may not be subject to this restriction. The electricity consumption corresponding to the electricity consumption of residents and agricultural users in coal-fired power generation is still implemented at the benchmark price.

There will be these changes in taxi fares and passenger fares.

The Ministry of Transport and the National Development and Reform Commission jointly issued the Opinions on Deepening the Reform of Road Transport Prices, which will take effect on January 1, 2020. According to the Opinions,During Spring Festival travel rush and holidaysBus passenger fares shall not be implemented outside the scope of normal government guidance prices or government pricing levels.Special fare increase policy. Road transport operators shall, in accordance with the provisions of the price policy, formulate or adjust the price, and the network car platform company shall adjust the pricing mechanism or dynamic fare increase mechanism, which shall be announced to the public at least 7 days in advance. In addition, the "Opinions" stipulate that every adult passenger can carry one passenger except buses with 9 seats or less.6 years old (including 6 years old) or 1.2 meters (including 1.2 meters) tall.AndChildren who do not occupy seats aloneFree ride.

The new national medical insurance drug list was launched.

The National Health Insurance Bureau and Ministry of Human Resources and Social Security issued a notice, which officially announced the results of drug access negotiations.70 new and 27 renewed drugs, totaling 97 drugs.Enter the medical insurance catalogue through negotiation,The average price reduction is 60.7% and 26.4%.. In 2019, the adjustment of the national medical insurance drug list was successfully completed, and the new version will be launched on January 1, 2020. After this round of adjustment, in 2019, the National Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance included a total of 2,709 drugs. Compared with the 2017 edition, 218 drugs were transferred in and 154 drugs were transferred out, with a net increase of 64.

Issued by Ministry of Human Resources and Social Security and National Health Insurance Bureau.Interim Measures for Hong Kong, Macao and Taiwan Province Residents to Participate in Social Insurance in the Mainland (Mainland), which will come into force on January 1, 2020. The "Measures" include two types of Hong Kong, Macao and Taiwan personnel who are employed in the mainland (mainland) and those who are not employed in the mainland (mainland), and stipulate that Hong Kong, Macao and Taiwan residents who are employed in the mainland (mainland) should participate.Five basic social insurances. Unemployed Hong Kong, Macao and Taiwan residents living in the Mainland (Mainland) can participate in the residence according to regulations.Basic old-age insurance and medical insurance for urban and rural residents. Hong Kong, Macao and Taiwan residents who participate in social insurance shall enjoy social insurance benefits according to law.

Tax credit can be repaired.

Released by State Taxation Administration of The People’s Republic of ChinaAnnouncement on Matters Related to Tax Credit Restoration, which will come into force on January 1, 2020. The "Announcement" proposes that corporate taxpayers who are included in the tax credit management can meet the conditions.Within the prescribed periodApply to the competent tax authorities for tax credit restoration, and the conditions include that the taxpayer fails to handle tax declaration, tax payment, data filing and other matters within the statutory time limit and has made up for them, the taxpayer fulfills the corresponding legal obligations and the abnormal household status is lifted by the tax authorities according to law. In addition, the tax credit repair of abnormal household dishonesty can only be applied once in a tax year.The tax year starts from January 1st to December 31st in Gregorian calendar.

In the new year, these industries will be encouraged, restricted and eliminated respectively.

Since January 1, 2020, the National Development and Reform Commission has newly revisedIndustrial Structure Adjustment Guidance Catalogue (2019 Edition)Begin to implement. The Catalogue covers 48 industries with 1,477 entries, including 821 encouraged, 215 restricted and 441 eliminated. Encourage new class:"human resources and human capital service industry", "artificial intelligence", "old-age care service" and "housekeeping"4 industries; Put the previous edition"Education, culture, health and sports services"Split and set independently to limit class deletion."fire fighting"Industry; New elimination category"mining"Related items of the industry.