Corporate Governance

Issued: December 1 2003Interpreting authority: China Securities Regulatory CommissionApplicability: The Rules apply to circumstances in which a company's…

In recent years, the government has been making the legal environment governing investment outside China by companies established in China, including foreign-invested companies, more progressive. A new SAFE circular furthers the liberalization programme.

Last month we covered the new auto finance company regulations. Soon after we went to press, the China Banking Regulatory Commission issued implementing rules for the regulations.

How a foreign investment is structured as a legal entity in China requires careful consideration as there are different implications and different tax benefits. One of our contributors looks at the implications of company structure for the IT industry.

In the first article of this instalment, our authors reviewed the origins, development and current energy policies of China. Here they discuss the structure of the institutions charged with implementing those policies.

A set of provisions which regulate securities investment funds and protect the rights of investors in the securities market.

A set of provisions governing the administration of railway construction projects in the PRC.

A set of procedures which addresses the construction and operation of urban infrastructure in the Beijing municipality to facilitate the provision of good quality public utilities and services.

The State Administration of Foreign Exchange (SAFE) issued the QFII Foreign Exchange Operation Circular (the Circular) on September 9 2003. The Circular…