November 10, 2008
MOFCOM delegates its FIE approval power to lower level departments.
CIRC monitors insurance company solvency through inspections.
Land reform allows farmers to lease their land.
State Council rules out iron-rice-bowl employment contracts.
Forex regulations revised to curb inflow of hot money.
Insurance companies required to include provisions on solvency level in their articles of association.
Periods of prescription of actions clarified for civil cases.
Basic telecommunications services further opened to foreign investors.
Guangdong revises regulations to suppress illegal collection of highway tolls.
Guidelines issued to restrict boards of insurance companies in their delegation of powers.