New regulations go into effect today in China. The National Security Insurance Fund regulation requires a risk assessment before using the fund for major investment projects.

The fund is designed to help ease the country's aging situation, and as a reserve to support future social security expenditures. And under a revised regulation, individuals and organizations that conduct medically inessential prenatal sex screening or sex-selective abortions will be fined up to 30 thousand yuan, or about 4600 US dollars. 

The government will also confiscate the income from such illegal screening and abortions.  And a new regulation standardizes administration of all modes of sales, including physical stores, the Internet, television, telephone, mail and direct selling.