Banking and Finance Laws

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…