Corporate Governance

Promotes sound corporate practices for sponsors of listing companies.

Opens up access for foreign investors in the Chinese trade fairs, exhibition and convention industry.

Qualifications for entry into the Northeast region power market.

New opportunities for foreign companies are emerging in China's film and TV industries, which encourages private and foreign participation in many industry sectors.

Clarifies the disclosure requirement for listed companies regarding non-recurring gain or loss.

Listed companies are required to diclose information on negotiable share holders, asset losses, history of funds appropriation, and external security provision.

The Opinions acknowledges the significance of vigorously development in the capital markets, outline reform ideologies, and provides directions for future liberalizations.

For the first time legislation has been issued that makes clear the requirements for foreign acquisition of PRC banking and finance companies.

The Ministry of Commerce recently issued new rules on foreign-invested holding companies. The business scope of holding companies has been widened, although some important areas of the new provisions need clarification.