The Circular deals with issues related to investments in insurance company subordinated debt with fixed term by insurance companies and insurance asset management companies. Investments in subordinated debt by insurance companies shall handled by the head office of insurance companies.
(Promulgated by the National Development and Reform Commission and the Ministry of Commerce on November 30 2004 and effective as of January 1 2005.)
The Circular aims to improve the pricing mechanism for initial public share offerings. Issues such as procedures for price inquiries, price determinations, and format of share offerings are addressed.
The Procedures aim to strengthen the administration of the oil products market, and to regulate operational activities of oil products business. The Procedures are necessary to fulfill WTO requirements - to open the oil products market.
The Interpretation addresses several issues regarding the application of law in technology contract disputes. Concepts such as priority, and validity and freedom of contract are recognized.
The Interpretation addresses issues relating to the application of law when handling criminal cases involving intellectual property rights infringement. Sentencing standards are set out.
The Procedures allow insurance companies and insurance asset management companies to directly purchase and trade renminbi-denominated common stock, and to directly purchase convertible corporate bonds and other specified investment product.
Specifies the procedures for evaluating the qualifications of newly established foreign-invested construction enterprises that do not meet the qualification standard requirements in terms of performance and personnel.
The Provisions the establishment and operation of Sino-foreign equity and cooperative joint ventures that produce and distribute radio and TV programmes in China.
The Interpretation clarifies the handling of different construction project contract disputes.