Corporate Governance

• New Regulations On Employment Contracts in Shanghai

  On November 15 2001, the Shanghai People's Congress approved the Shanghai Municipality, Labour Contract Regulations (the New Regulations) that will become…

  January 31, 2002

• China Securities Regulatory Commission, Questions and Answers on the Standards for Information Disclosure by Companies That Offer Securities to the Public No.6 ?Remuneration Payments to Accounting Firms and the Disclosures Thereof

  中国证券监督管理委员会公开发行证券的公司信息披露规范问答第6号 ﹣ 支付会计师事务所报酬及其披露

  Issued: December 24 2001Main contents: The Answers clarify that a listed company should disclose in its annual report the decision procedure in regard…

  January 31, 2002

• China Securities Regulatory Commission and State Economic and Trade Commission, Listed Company Governance Guidelines

  中国证券监督管理委员会、国家经济贸易委员会上市公司治理准则

  The guidelines promoting professional ethics among senior personnel and protects shareholder rights.

  January 31, 2002

• China Securities Regulatory Commission, Compilation Rules for Information Disclosures by Companies That Offer Securities to the Public No.15 - General Provisions for Financial Reports

  中国证券监督管理委员会公开发行证券的公司信息披露编报规则第15号 ﹣财务报告的一般规定

  Details the components required in the full disclosure of financial report of listed companies.

  January 31, 2002

• China Securities Regulatory Commission, Several Questions Concerning Major Asset Purchases, Sales and Exchanges by Listed Companies Circular

  中国证券监督管理委员会关于上市公司重大购买、出售、置换资产若干问题的通知

  Issued: December 10 2001Effective: January 1 2002Applicability: For the purposes of the Circular, an asset purchase, sale or exchange shall be deemed "major"…

  January 31, 2002

• China Securities Regulatory Commission, Administration of Securities Houses Measures

  中国证券监督管理委员会证券公司管理办法

  Regulates the business scope, foreign stakeholding, lawful activities, establishment procedures and staffing requirements for securities houses in China.

  January 31, 2002

• Foreign Investment in China's Freight Railways

  The PRC's railway system is at a critical point in its development.  After decades of inefficiency and financial losses, the Ministry of Railways…

  January 31, 2002

• New Telecom Enterprise Regulations: The Door is Opened, but MII Still Keeping the Gate

  New regulations reflect a gradual opening of the telecom sector to foreign participation, but that's just the beginning as China faces the challenges of reform.

  January 31, 2002

• Foreign Investment in China's Freight Railways

  The PRC's railway system is at a critical point in its development.  After decades of inefficiency and financial losses, the Ministry of Railways…

  January 31, 2002

• New Legislation on Foreign-funded Financial Institutions in China

  On December 12 2001 the State Council promulgated the PRC Regulations Concerning the Administration of Foreign-funded Financial Institutions (the New Regulations),…

  January 31, 2002