Foreign Direct Investment

• State Council General Office, Issues Relevant to the Proper Handling of Current Projects with Guaranteed Fixed Returns for Foreign Investors Circular

  国务院办公厅关于妥善处理现有保证外方投资固定回报项目有关问题的通知

  Issued: September 10 2002Main contents: The Circular states that projects in which the foreign investor is guaranteed fixed returns are not in compliance…

  November 30, 2002

• The Missing Piece of the Puzzle: New QFII Rules Open A Share Market

  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.

  November 30, 2002

• Amending the Insurance Law: Long-Term Policy or Expedient Measures?

  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.

  November 30, 2002

• Foreign-invested Construction Rules in the PRC: Building the Future?

  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.

  November 30, 2002

• State Council Clamps Down on Fixed Return Projects

  Freshfields Bruckhaus DeringerWhile the Chinese central government has long prohibited the practice of "guaranteed fixed returns" whereby the Chinese party…

  November 30, 2002

• Further On Down the Road: New Guidance on the Operation of Petrol Stations

  New regulations have been issued that attempt to bring some order to the retail petrol industry, and strengthen the local business environment before the market is liberalized for foreign investment in 2004 per China's WTO commitments.

  November 30, 2002

• Preferential Treatment and National Treatment: The Evolving Status of FIEs

  Llinks Law OfficeSince China first set up its legal framework for foreign investment in the early 1980s, two fundamental issues have faced foreign investors…

  November 30, 2002

• Foreign Capital and SOEs: China's Forays into State Enterprise Reform

  Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.

  November 30, 2002

• Issues Relevant to the Transfer of State-owned Shares and Legal Person Shares in Listed Companies to Foreign Investors Circular

  关于向外商转让上市公司国有股和法人股有关问题的通知

  A circular on the principles, procedures and rules regarding the transfer of state-owned shares and legal person shares in Listed companies to foreign investors issued by the CSRC, MOF and SETC.

  November 30, 2002

• New Regulations on Foreign Exchange Accounts for Current Items

  Llinks Law Office In an attempt to further streamline China's foreign exchange regime, the State Administration of Foreign Exchange (SAFE) in September…

  October 31, 2002