In order to further open up the logistics sector to foreign investment in pilot projects, the term 'foreign-invested logistics enterprises' has been expanded and foreign investors may now apply to establish foreign-invested logistics enterprises and engage in one or more types of logistics business.
In 2005, China's Ministry of Commerce announced the expiry of anti-dumping measures offering protection to various Chinese domestic industries from imported products being 'dumped' onto the local market. Given that domestic industries actively participate in 'sunset' reviews to extend the application of the measures, it would be practical for foreign producers and exporters to become familiar with the procedural and substantive elements of the sunset review process in China.
Promulgated: April 3 2006Effective: May 3 2006Applicability: The term 'representative offices' refers to representative offices of foreign air carriers…
The Provisions represent a judicial direction towards the transition between the old and the newly implemented Company Law in 2005.
Promulgated: December 28 2005Effective: January 1 2006Interpreting authority: Municipal Labour and Social Security Bureau, Municipal Commerce Bureau, Municipal…
Promulgated: December 31 2005Main contents: Under the premise of adequate capital guarantee, stringent financial supervision and the establishment of a…
Promulgated: April 28 2006Effective: May 9 2006Main contents: The Provisions clarify how cases involving civil acts or events that occurred before the…
Issued: January 22 2006Main contents: The naming of overseas Chinese-invested enterprises or organizations shall not infringe the rights and interests…
China's new Company Law has laid a solid foundation for companies to improve their corporate governance, including new provisions granting significant rights to minority investors vis à vis management and controlling shareholders. The new law also grants shareholders the ability to enforce these rights through derivative and direct lawsuits. However, given China's weak enforcement environment and relative inexperience with private lawsuits, is the new law adequate to uphold shareholders' rights?
Issued: January 22 2006Effective: March 31 2006Main contents: The Circular delegates the departments in charge of commerce at the provincial level and…