Corporate Governance

• Ministry of Commerce, «Administration of Foreign-invested International Freight Forwarding Agencies Procedures» Supplementary Provisions

  商务部《外商投资国际货物运输代理企业管理办法》补充规定

  Prerequisites for Hong Kong and Macao service providers in setting up joint venture and whooly owned international freight forwarding agencies in the PRC.

  January 31, 2004

• Ministry of Commerce, PRC Administration of International Freight Forwarding Agency Business Provisions Implementing Rules (Revised)

  商务部中华人民共和国国际货物运输代理业管理规定实施细则 (修正)

  Controls the shareholding of international freight forwarding agencies.

  January 31, 2004

• China Securities Regulatory Commission, Client Asset Management Businesses of Securities Companies Trial Procedures

  中国证券监督管理委员会证券公司客户资产管理业务试行办法

  Procedures on the establishment of asset management business for securities companies.

  January 31, 2004

• State Administration of Radio, Film and Television, Ministry of Commerce and Ministry of Culture, Foreign Investment in Cinemas Tentative Provisions

  国家广播电影电视总局、商务部、文化部外商投资电影院暂行规定

  Provides for foreign investment in cinemas.

  January 31, 2004

• Measures for the Administration of Associations Between Law Firms of the Hong Kong and Macao Special Administrative Regions and Mainland Law Firms

  香港特别行政区和澳门特别行政区律师事务所与内地律师事务所联营管理办法

  The Procedures apply to law firms having already established representative offices in the Mainland. Association with Mainland law firms may not take the form of a partnership or a legal person, and shall retain independence of both parties in terms of legal status, names and finances. Fulfilling criteria listed therein, the Procedures provide application procedures for association submitted by the Hong Kong and Macao SAR law firms.

  January 31, 2004

• Filling the Gap: Foreign Acquisitions in the Publishing Distribution Sector

  New distribution regulations released in 2003 as well as the landmark M&A rules have changed the landscape for foreign investment in publishing distribution.

  January 31, 2004

• New Laws Boost Banking Industry Supervision and Management

  China has revised two of the country's key commercial banking laws, and has issued a concrete formulation of the role and responsibilities of the China Banking Regulatory Commission and this has been welcomed by industry watchers.

  January 31, 2004

• Administration of Investment and Equity Participation in Chinese-invested Financial Institutions by Offshore Financial Institutions Procedures

  境外金融机构投资入股中资金融机构管理办法

  The Procedures represents the China Banking Regulatory Commission's administration of offshore financial institutions' investment and equity participation in Chinese-invested banks, credit cooperatives, and finance companies. Rules are stipulated as to the eligibility of investing offshore institutions (including the year-end total assets, credit ratings, profitability, capital adequacy ratio) and the maximum investment and equity participation ratio. CBRC's approval is required under the Procedures for the application for foreign investment, the change in registered capital or equity structure, as well as shareholders composition. Hong Kong, Macao and Taiwan institutions are regarded as foreign institutions under the Procedures.

  January 31, 2004

• Railway Construction in China

  By Susan Finder with assistance from Peter Bazos, Freshfields Bruckhaus Deringer, Hong KongChina's current five-year plan (2001-2005) attests to the commitment…

  November 30, 2003

• Supreme People's Court, The Question of Whether Real Property Administrative Authorities Can Revoke Wrong Cancellations of Mortgage Registration Official Reply

  最高人民法院关于房地产管理机关能否撤销错误的注销抵押登记行为问题的批复

  Issued: November 17 2003Main contents: The Official Reply states that real property administrative authorities can revoke wrong cancellations of mortgage…

  November 30, 2003