Full Text Translation

The Interpretation clarifies issues concerning conclusion of contracts, validity of contracts, performance of contracts, termination of contractual rights and obligations, and liability for breach of contract.

SAIC sets out rules for well-known trademark recognition and opposition.

The Opinion advises people's courts in their trial of patent, trademark and unfair competition cases in a view to protect the fostering of domestic intellectual property.

The Interpretation sets forth circumstances under which a people's court will not examine whether the concerned trademark is well-known or not.

According to the Measures, state-owned equity or shares of providers of basic telecommunications services shall account for no less than 51% of the total equity or shares.

Transfers of state-owned assets and equity of unlisted enterprises shall be publicly carried out through lawfully- established assets and equity exchanges at the provincial level and above.

Insurance companies allowed to invest in local government bonds, medium-term notes and Hong Kong-issued SOE bonds.

An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.

Relaxation of approval authority creates foreign exchange control niche.