The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.
Jones, Day, Reavis & PogueChinese consumers spent a whopping US$300 billion on food and beverages (F&B) in 2000, accounting for 43% of total consumer…
A set of rules which govern the establishment of securities companies with foreign equity participation.
A set of procedures on the establishment of representative establishments in China of foreign-funded financial institutions.
On June 29 2002, the new Government Procurement Law (GPL) was promulgated and it aims at the establishment of a comprehensive system of Government procurement.
The PRC Government Procurement Law was promulgated to establish a comprehensive system of government procurement.
Directs the transfer of assets formed with state funds or assets not used in the bankrupt enterprise's operation.
The People's Bank of China (PBOC) issued the Relevant Questions in Implementing the Circular (the Circular) on April 22 2002. This legislation expands on the 2001 Commercial Bank Intermediary Services Tentative Provisions (the 2001 Provisions).
Foreign-funded VC investments in China have failed to materialize and last autumn's national regulations are widely seen as inadequate. So what alternatives do investors have?
The Provisions Relevant to the Implementation of the Circular (the Provisions) seek to clarify certain aspects of last year's Administration of Online Banking Services Tentative Procedures (the Procedures). New information have been added to the Procedures.