11月新规来了！速览！

Group 1: Regulation of Payment and Insurance Sectors - The People's Bank of China and the National Financial Regulatory Administration issued the "Management Measures for Bank Card Clearing Institutions," effective from November 1, 2025, aimed at promoting the healthy development of bank card clearing institutions and ensuring orderly market operations [2] - The "Notice on Strengthening the Supervision of Non-Motor Insurance Business" will also take effect on November 1, 2025, focusing on enhancing the regulation of property insurance companies' non-motor insurance business to promote rational competition and high-quality development [3] Group 2: Tax Policy Adjustments - The announcement regarding the adjustment of the Hainan duty-free shopping policy will expand the range of duty-free goods from 45 to 47 categories, effective November 1, 2025, allowing departing travelers to enjoy the duty-free policy with an annual limit of 100,000 RMB [4] - The announcement on adjusting VAT policies for wind power and other sectors states that from November 1, 2025, to December 31, 2027, a 50% VAT refund policy will be implemented for electricity products generated from offshore wind power [5] - It is also specified that nuclear power units approved after November 1, 2025, will no longer be subject to the VAT pre-collection and post-refund policy [6]