The Ministry of Commerce recently issued new rules on foreign-invested holding companies. The business scope of holding companies has been widened, although some important areas of the new provisions need clarification.
February 29, 2004
Corporate Governance
Administration of the Assignment of Enterprise State-owned Assets and Equity Tentative Procedures mark another legal step in China's effort to reform the state sector of the economy.
February 29, 2004The PRC Banking Regulation Law establishes a new banking supervision institution – the China Banking Regulatory Commission (CBRC) – to oversee the regulation for all banking institutions and activities in China.
January 31, 2004Imposes restrictions on the listed companies in case of a change in leading shareholders.
January 31, 2004Qualifications for Hong Kong and Macao service providers in setting up joint ventures or wholly-foreign-owned companies in the PRC.
January 31, 2004Repealing its 1999 predecessor, the new Procedures simplies application and approval procedures for setting up a Chinese representative office for foreign insurance firms.
January 31, 2004Promulgated: December 4 2003Effective: January 10 2004Applicability: Landing of foreign satellite television within designated districts in China approved…
January 31, 2004Stipulates the corporate requirements of establishing export procurement centres by foreign investors.
January 31, 2004Prerequisites for Hong Kong and Macao service providers in setting up joint venture and whooly owned international freight forwarding agencies in the PRC.
January 31, 2004Controls the shareholding of international freight forwarding agencies.
January 31, 2004