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.
National LegislationBANKINGCircular on Regulating the Administration of Record Filing of Non-performing Claims Transferred Overseas by Domestic Financial…
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.
The new measures governing the establishment of representative organizations by foreign insurance institutions replace a similar set of measures promulgated only two years before.