On December 29 2002, China officially announced the completion of its power sector restructuring, and the reorganization of the State Power Company's (SPC)…
Promulgation: November 28 2002Main contents: Item One of the Circular states that foreign, Hong Kong, Macao and Taiwan investors can participate in road…
On December 30 2002, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC), the State Administration of Tax (SAT), the State Administration of…
Promulgated: November 8 2002Effective: January 1 2003Interpreting authority: State Economic and Trade Commission, the Ministry of Finance, the State Administration…
Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…
Issued: September 10 2002Main contents: The Circular states that projects in which the foreign investor is guaranteed fixed returns are not in compliance…
The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.
China will promulgate an amended insurance law as part of a broad-ranging programme of post-WTO accession legislative renovation. An in-depth analysis of the pros and cons, and the implications for the China insurance market.
New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.