The China Banking Regulatory Commission (CBRC) promulgated the long-awaited Administration of Auto Finance Companies Procedures (the Procedures) on October 3 2003. The Procedures are seen as an important step towards the liberalization of China's automobile market.
A newly set of provisions promulgated by the China Banking Regulatory Commission to regulate Auto Finance Companies. This marks a closer step to the WTO commitments and a more liberalized auto industry.
China's civil aviation sector looks set to grow considerably in the coming years as tourism expands and amid general economic expansion. The authors take a close look at China's airlines and the prospects for the industry as a whole.
Beijing municipality's Concessions for Urban Infrastructure Procedures (the Procedures) were announced on September 10 2003 and became effective as of…
Issued: December 23 2002Interpreting authority: Ministry of FinanceApplicability: The provisions apply to governmental organs, social organizations, companies,…
Promulgated: August 5 2003Effective: October 1 2003Interpreting authority: State Administration of Foreign ExchangeMain contents: Article 2 of the Measures…
Issued: December 23 2002Effective: as of date of issueInterpreting authority: Ministry of FinanceApplicability: The Standards apply to all companies, enterprises…
Issued: July 1 2003Effective: as of date of issueMain contents: The Circular defines export del credere agency business. It explains the regulations that…
National LegislationRailway and RoadsAdministration of the Construction of Railroads Procedures 铁路建设管理办法L4400/03.07.31Asset ValuationAppraisal…
Most analyses of China's WTO commitments haven't shed much light on how the challenge of implementing the sweeping reforms necessary will be accomplished. Nor, the author argues, do they address the fundamental issue of whether PRC government structure is even up to the task.