Full Text Translation

The PRC Government Procurement Law was promulgated to establish a comprehensive system of government procurement.

Clarifies the 2001 Administration of Online Banking Services Tentative Procedures, particularly its application and approval requirements, and the provision of additional online businesses.

This legislation expands on the 2001 Commercial Bank Intermediary Services Tentative Provisions.

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

Increased disclosure requirements in prospectuses issued by foreign invested companies limited by shares.

Foreign satellite TV channels may be broadcasted in designated venues receiving persons from abroad with state approval.

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

These procedures aim to help to protect against copyright infringement in computer software.

The regulations kick-start market liberalization in China and further legal changes governing a range of industries.