Corporate Governance

• Ministry of Foreign Trade and Economic Cooperation, Ministry of Finance and People's Bank of China, Absorption of Foreign Capital by Financial Asset Management Companies to Participate in Asset Restructuring and Disposal Tentative Provisions

  对外贸易经济合作部、财政部、中国人民银行金融资产管理公司吸收外资参与资产重组与处置的暂行规定

  Promulgated: October 26 2001Effective: as of date of promulgationApplicability: The Provisions are also applicable where Hong Kong, Macao and Taiwan investors…

  October 31, 2001

• PRC Labour Union Law (Revised)

  中华人民共和国工会法 (修正)

  A brief summary of the PRC Labour Union Law (Revised) provisions.

  October 31, 2001

• New Guidelines on State-owned Assets Disposition and Foreign Capital

  Llinks Law OfficeHuarong Asset Management Corporation's1 auction of distressed state-owned assets held in mid-November has been a hot topic recently. The…

  October 31, 2001

• PRC Labour Union Law (Revised)

  中华人民共和国工会法（修正）

  A set of provisions governing the labour union organizations in the PRC.

  October 31, 2001

• New Guidelines on State-owned Assets Disposition and Foreign Capital

  Llinks Law OfficeHuarong Asset Management Corporation's1 auction of distressed state-owned assets held in mid-November has been a hot topic recently. The…

  October 31, 2001

• Ministry of Foreign Trade and Economic Cooperation, Ministry of Science and Technology and State Administration for Industry and Commerce, Establishment of Foreign-funded Venture Investment Enterprises Tentative Provisions

  对外贸易经济合作部、科学技术部、国家工商行政管理总局关于设立外商投资创业投资企业的暂行规定

  Promulgated: August 28 2001Effective: September 1 2001Applicability: Venture investment is defined as an investment method consisting of equity investment,…

  October 02, 2001

• State Administration for Industry and Commerce, The Question Concerning the Validity of the Resolutions of Shareholders' Meetings of Companies Limited by Shares Reply

  国家工商行政管理总局关于股份有限公司股东大会决议有效性问题的答复

  Issued: August 6 2001Main contents: The Reply clarifies that whether a resolution of a shareholders' meeting of a company limited by shares is effective…

  October 02, 2001

• Department of Listed Company Supervision of China Securities Regulatory Commission, Listed Company Governance Guidelines (Draft for Comments)

  中国证券监督管理委员会上市公司监管部上市公司治理准则 (征求意见稿)

  Issued: September 11 2001Main contents: The Guidelines contain 90 articles in six parts. It is stated in the beginning that the basic objective of corporate…

  October 02, 2001

• People's Bank of China, Ministry of Foreign Trade and Economic Cooperation and State Administration of Taxation, Handling of Loans Secured by Custodial Accounts for the Reimbursement of Taxes on Exports Circular

  中国人民银行、对外贸易经济合作部、国家税务总局关于办理出口退税帐户托管贷款业务的通知

  Issued: August 24 2001Applicability: A "loan secured by a custodial account for the reimbursement of taxes on exports" means a short-term working capital…

  October 02, 2001

• China Securities Regulatory Commission, Establishment of Independent Director Systems by Listed Companies Guiding Opinion

  中国证券监督管理委员会关于在上市公司建立独立董事制度的指导意见

  Issued: August 16 2001Main contents: The Opinion suggests that listed companies should establish independent director systems, fully exploit the advantage…

  October 02, 2001