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New regulations to be implemented in September

Updated: Aug 29,2016 2:42 PM

Starting in September, a series of new regulations will be enforced. As part of the State Council’s efforts to streamline administration and delegate power to lower-level governments, the eight new regulations will bring convenience and benefits to people’s lives.

1. Personal information identification

Personal information such as name, former name, gender, ID number, ethnicity, date of birth, place of birth, permanent place of residence and registered residence can now be identified by household register, ID card, or passport.

An official identification from the police will no longer be needed.

2. Withdrawal of housing provident fund

Instead of submitting paper identification when withdrawing from housing provident funds, employees have to submit only a letter of commitment as related departments can check applicants’ information through the network.

People who are at retirement age will not have to submit any application materials to withdraw money from their housing provident fund accounts.

Except identification checks, people who are working and making deposits into a housing provident fund in Beijing will not have to hand in application materials when purchasing second-hand houses in Beijing.

3. Fees on patents

Eighty-five percent of fees regarding patent applications and checks will be reduced for individual applicants whose monthly income is less than 3,500 yuan ($524) and enterprises and organizations whose taxable income is less than 300,000 yuan.

Seventy percent will be reduced for joint patent holders that involve two or more individuals and organizations.

4. Transfer of migrant workers’ medical care services

Insured workers can continue to enjoy medical care services after migrating to other places. They only have to provide ID card and other related identification materials to apply for medical care service transfer to local medical care management institutions before moving.

5. Regulation on internet advertisements

Internet advertisements, which are presented in the form of texts, pictures, and video links, e-mail advertising, and paid advertising on search engines, should be distinguishable to internet users and clearly marked as such.

6. Management on export tax refunds

Enterprises that qualify for export tax refunds will be categorized into four types by further refining category standards in tax payment credit level, tax compliance, and net assets.

7. More pilot projects in selective tax collection on domestic sales

Pilot projects in selective tax collection on domestic sales that will reduce tax burdens on enterprises will be expanded to areas with special supervision of Customs in Tianjin, Shanghai, Fujian, Guangdong, Henan, Hubei, Chongqing, Sichuan, and Shaanxi.

8. Cost management of infrastructure projects

A new regulation on cost management of infrastructure projects gives an explicit illustration of expenditures in construction and installation, equipment, unamortized investment, and project construction management.