Law Digest

• State-owned Assets Supervision and Administration Commission of the State Council, Circular on Matters Relevant to Regulation of Asset Re-organisation of Listed Companies Carried out by State-owned Shareholders

  国务院国有资产监督管理委员会关于规范国有股东与上市公司进行资产重组有关事项的通知

  Asset re-organisation of listed companies carried out by state-owned shareholders requires advance approval before information disclosure.

  September 04, 2009

• National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Supervision, Ministry of Housing and Urban-rural Development, Ministry of Transport, Ministry of Railways, Ministry of Water Resources, Ministry of Commerce and Legislative Affairs Office of the State Council, Opinion on Thoroughly Implementing the Policy Plan for Expanding Domestic Demand to Promote Economic Growth and Further Strengthening the Regulation of Invitation for and Submission of Bids for Construction Projects

  国家发展改革委员会、工业和信息化部、监察部、住房城建设部、交通运输部、铁道部、水利部、商务部、国务院法制办公室关于贯彻落实扩大内需促进经济增长决策部署进一步加强工程建设招标投标监管工作的意见

  Purchase of Chinese products required for government procurement.

  July 29, 2009

• Shenzhen Stock Exchange, Share Listing Rules for the Growth Enterprise Market

  深圳证券交易所创业板股票上市规则

  Shenzhen Gem has more stringent rules on delisting.

  July 29, 2009

• State Council, Circular on Revising the Capital Ratio of Fixed Asset Investment Projects

  国务院关于调整固定资产投资项目资本金比例的通知

  Lower start-up capital required for commercial residential property projects.

  July 29, 2009

• People's Bank of China, Ministry of Finance, Ministry of Commerce, General Administration of Customs, State Administration of Taxation and China Banking Regulatory Commission, Measures for the Administration of Pilot Projects for Cross-border Trade Settlement in Renminbi

  中国人民银行、财政部、商务部、海关总署、国家税务总局、中国银行业监督管理委员会跨境贸易人民币结算试点管理办法

  China puts forward cross-border trade settlement in renminbi.

  July 29, 2009

• State Administration of Foreign Exchange, Circular on Foreign Exchange Control Issues Relevant to Overseas Loans Extended by Enterprises in China

  国家外汇管理局关于境内企业境外放款外汇管理有关问题的通知

  Safe allows companies in China to extend loans to their overseas subsidiaries.

  July 29, 2009

• China Securities Regulatory Commission, Guiding Opinion on Further Reform and Enhancement of the System for Offering of New Shares

  中国证券监督管理委员会关于进一步改革和完善新股发行体制的指导意见

  CSRC revises the pricing method for offering of new shares.

  July 29, 2009

• Beijing Municipality, Several Provisions for Encouraging the Establishment of Regional Headquarters in Beijing by Multinational Corporations

  北京市关于鼓励跨国公司在京设立地区总部的若干规定

  Beijing offers financial incentives to establish regional headquarters in the city.

  July 29, 2009

• Ministry of Finance, State-owned Assets Supervision and Administration Commission of the State Council, China Securities Regulatory Commission and National Council for Social Security Fund, Implementing Measures for the Transfer of Certain State-owned Shares from the Domestic Securities Market to the National Social Security Fund

  财政部、国务院国有资产监督管理委员会、中国证券监督管理委员会、全国社会保障基金理事会境内证券市场转持部分国有股充实全国社会保障基金实施办法

  China issues measures to prevent mass unloading of previously non-tradable shares.

  July 29, 2009

• Other Recent Legislation for This Month

  National LegislationBanking Circular on Issues Relevant to Further Regulating the Administration of Reporting in Respect of Personal Financial Management…

  July 29, 2009