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Shanghai Pilot Free Trade Zone issues new preferential policies for foreign financial institutions - June 22, 2018

Foreign financial institutions will be allowed to establish a branch and subsidiary at the same time while foreigners can own majority stakes in domestic life insurance companies in Shanghai Pilot Free

China to raise income tax threshold - June 22, 2018

China is considering raising the personal income tax threshold to 5,000 yuan (US$772) per month — 60,000 yuan a year — from the current 3,500 yuan, according to a draft amendment. The draft was submitted

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