applicable to Sino-foreign equity joint venture construction project service enterprises, Sino-foreign cooperative joint venture construction project service enterprises, and wholly foreign-owned construction project service enterprises established in China.
In order to be recognized as a headquarters or regional headquarters, the institution must satisfy four conditions. Many incentives are provided to foreign investors for establishing headquarters or regional headquarters.
This law introduces some new regulations with respect to new and existing franchising businesses, and stipulates the requirement of information disclosure by a franchisor to a franchisee.
This interpretation sets out who is entitled to sue in court when a right in the new variety of plant has been infringed, what constitutes an infringement, how specialized issues are resolved, and what remedies are available.
These measures impose further requirements on resident representative organizations in China of foreign insurance institutions, and facilitate the opening up of China's insurance market.
Detailed procedures for the establishment and dissolution of foreign-invested banks, scope and operation of renminbi business, and professional qualification requirements of some senior personnel are provided.
These Regulations signify a big step towards opening to foreign investments in the PRC's banking industry. The establishment, registration, and business scope of foreign-invested banks are clearly set out.
This law aims to address the issue of money laundering in China and impose criminal liabilities on violators. A department of the State Council is in charge of overseeing anti-money laundering measures nation-wide.
This Circular addresses some of the issues in relation to foreign financial investments and asset management. The scopes of foreign exchange business and income are stipulated. Matters regarding the source of investment funds and their management are clarified.