Corporate Governance

• Beijing Municipality, Matters Relevant to Further Delegating the Municipal Examination and Approval Authority for Contracts and Articles of Association, Etc. of Foreign-invested Projects Circular

  北京市关于进一步下放本市外商投资项目合同章程审批权限等有关事项的通知

  Respective examination and approval authorities for foreign investment below and above US$10 million.

  March 31, 2003

• Ministry of Foreign Trade and Economic Cooperation, State Administration of Taxation, State Administration for Industry and Commerce and State Administration of Foreign Exchange, Acquisition of Domestic Enterprises by Foreign Investors Tentative Provisions

  对外贸易经济合作部、国家税务总局、国家工商行政管理总局、国家外汇管理局外国投资者并购境内企业暂行规定

  New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this year.

  March 31, 2003

• Ministry of Finance, Provisions Relevant to Finance-related Regulation of Foreign-invested Enterprises During Liquidation Period Circular

  财政部关于外商投资企业清算期财政财务管理有关规定的通知

  Regulates the process of liquidation for foreign-invested and wholly-foreign owned enterprises.

  March 31, 2003

• State Administration of Foreign Exchange, Issues Relevant to Improving Foreign Exchange Control on Foreign Direct Investment Circular

  国家外汇管理局关于完善外商直接投资外汇管理工作有关问题的通知

  Procedural guideline as to various channels of foreign investment into the Chinese market.

  March 31, 2003

• Foreign Exchange Controls and Overseas Listings

  Pu Dong Law OfficeThe Issues Relevant to Further Improving the Foreign Exchange Control for Overseas Listing Circular (the Circular), issued by the State…

  March 31, 2003

• China Securities Regulatory Commission, The Second Batch of Items in Respect of which the Administrative Examination and Approval Requirements are Abolished and Change of the Management of Certain Items Requiring Administrative Examination and Approval Notice

  中国证券监督管理委员会关于取消第二批行政审批项目及改变部分行政审批项目管理方式的通告

  Simplification of procedures in various areas, such as establishment of new securities companies, futures investment companies.

  March 31, 2003

• State Economic and Trade Commission, State Development Planning Commission, Ministry of Finance and National Bureau of Statistics, Standards for Small- and Medium-sized Enterprises Tentative Provisions

  国家经贸委、国家计委、财政部、国家统计局中小企业标准暂行规定

  Indicators for small- or medium-sized enterprise.

  March 31, 2003

• Gaining Access to China's Foreign Trade Industry

  Joint venture trading companies are now allowed on a wider scale. Trading companies can now be set up anywhere in China, the registered capital requirements and requirements for investors are less restrictive than in previous regulations, and the scope of business is wider.

  March 31, 2003

• Acquisition of Domestic Enterprises by Foreign Investors Tentative Provisions

  外国投资者并购境内企业暂行规定

  New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this year.

  March 31, 2003

• Developments and Prospects in China's Security Law

  Creating a viable legal framework for the use and protection of security interests has been an ongoing process in China. This month we are pleased to have an overview of some of the key aspects of security law development in the PRC.

  March 31, 2003