To initiate the implementation of a cost sharing mechanism under the PRC Renewable Energy Law, these Measures set up a pricing system for electricity generation using wind power, biomass, solar energy, ocean energy and geothermal energy (but excluding hydroelectricity).
The Provisions represent a judicial direction towards the transition between the old and the newly implemented Company Law in 2005.
Consistent with foreign exchange control reforms, the People's Bank of China announced several liberalization measures in relevant control policies.
The Measures for the Administration of Internet Electronic Mail Services is the first legislative attempt to address surging internet usage in the PRC through internet email services.
Arising from a specific Municipal Higher People's Court case, the China Insurance Regulatory Commission issued opinions that may be referred to by subsequent judicial decisions.
Consistent with foreign exchange control reforms, the People's Bank of China announced several liberalization measures in relevant control policies.
To divide administration of projects using renewable energy resources to generate electricity between central and local levels, the NDRC shall be responsible for planning of nationwide projects, policy formulation and administration of state-approval projects.
Listed companies can apply for implementation of equity incentive measures and establish a comprehensive incentive and regulatory scheme.
This Guidelines stipulate the risk management requirements for commercial banks in expanding their businesses in the area of personal financial management advisory services, comprehensive financial management services and personal financial management business products.
With regard to tax agreements entered into by China with foreign states, the term 'permanent establishment' shall be deemed not to include the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any activity of a preparatory or auxiliary character.