Law Digest

Governs the setting up and operation of Sino-foreign equity and cooperative joint ventures that produce and distribute radio and TV programmes in the PRC.

The establishment registration, modification registration, and deregistration of enterprises, as well as preliminary verification of enterprise names.

Relaxed requirements for foreign invested financial institutions in renminbi business, profitability requirement, branch office establishment and starting insurance agency service.

Issued: September 23 2004Effective: October 1 2004Main contents: Where one of the followinMeasuresg is fulfilled, one is deemed to have acquired the fund…

Issued: September 30 2004Main contents: The implementation of Article 1 of the Ministry of Finance and State Administration of Taxation, Tax Policies Relating…

Issued: October 20 2004Effective: as of date of promulgationApplicability: The Measures apply to all settlement of construction project monies within the…

Issued: October 25 2004Effective: July 1 2004Main contents: Article 9 of the Several Specific Problems Concerning Land Use Tax Supplementary Provisions…

Allows 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.

A financial institution is required to transfer the reserve deposit to designated accounts every month. The foreign exchange reserve deposit ratio is unified at 3%.