The Ministry of Commerce delegates its power to approve the establishment of foreign-invested companies limited by shares to provincial-level departments in charge of commerce.
The Implementing Regulations provide further details to the PRC Employment Contract Law concerning the conclusion of employment contracts, termination and ending of employment contracts, and placement.
The revised provisions lower the minimum registered capital of foreign-invested telecommunications enterprises that provide basic telecommunications services.
The revised Measures amended Article 63, concerning application to the China Securities Regulatory Commission for an offer exemption by using the simplified procedure.
The Provisions define the threshold at which a concentration of business operators shall be reported to the State Council's department in charge of commerce.
The Opinion addresses issues concerning payment of social insurance premiums by the employer, employment arbitration awards, severance pay, fixed-term employment contracts, non-compete provisions and overtime wages in Guangdong Province.
The Measures detail the criteria and application procedure for engaging in financial consultancy services for mergers, acquisitions and reorganisations of listed companies.