Banking and Finance Laws

• Ministry of Finance, Financial Handling of Loss of Enterprise Assets Tentative Measures

  财政部企业资产损失财务处理暂行办法

  Promulgated: September 3 2003Effective: October 5 2003Main contents: The Measures define loss of assets as the real destruction of an enterprise's assets,…

  October 31, 2003

• Auto Finance Companies Finally Get the Green Light in China

  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.

  October 31, 2003

• Auto Finance Companies Finally Get the Green Light in China

  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.

  October 31, 2003

• Administration of Auto Finance Companies Measures

  汽车金融公司管理办法

  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.

  October 31, 2003

• Flying High: China's Aviation Industry Looks To The Future

  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.

  October 31, 2003

• Beijing's New Rules on Municipal Infrastructure Projects

  Beijing municipality's Concessions for Urban Infrastructure Procedures (the Procedures) were announced on September 10 2003 and became effective as of…

  October 31, 2003

• Ministry of Finance, Internal Accounting Control Standards - Procurement and Payment (Trial Implementation)

  财政部内部会计控制规范-采购与付款 (试行)

  Issued: December 23 2002Interpreting authority: Ministry of FinanceApplicability: The provisions apply to governmental organs, social organizations, companies,…

  October 02, 2003

• State Administration of Foreign Exchange, Administration of Verification and Reconciliation of Foreign Exchange Received from Exports Measures

  国家外汇管理局出口收汇核销管理办法

  Promulgated: August 5 2003Effective: October 1 2003Interpreting authority: State Administration of Foreign ExchangeMain contents: Article 2 of the Measures…

  October 02, 2003

• Ministry of Finance, Internal Accounting Control Standards - Sales and Receipt of Payment (Trial Implementation)

  财政部内部会计控制规范-销售与收款 (试行)

  Issued: December 23 2002Effective: as of date of issueInterpreting authority: Ministry of FinanceApplicability: The Standards apply to all companies, enterprises…

  October 02, 2003

• State Administration of Foreign Exchange, Issues Relevant to the Administration of Verification and Reconciliation of Foreign Exchange Received from Export Del Credere Agency Business Circular

  国家外汇管理局关于出口保付代理业务项下收汇核销管理有关问题的通知

  Issued: July 1 2003Effective: as of date of issueMain contents: The Circular defines export del credere agency business. It explains the regulations that…

  October 02, 2003