Relaxed requirements for foreign invested financial institutions in renminbi business, profitability requirement, branch office establishment and starting insurance agency service.
Law Digest
- November 30, 2004
Issued: September 23 2004Effective: October 1 2004Main contents: Where one of the followinMeasuresg is fulfilled, one is deemed to have acquired the fund…
November 30, 2004Issued: September 30 2004Main contents: The implementation of Article 1 of the Ministry of Finance and State Administration of Taxation, Tax Policies Relating…
November 30, 2004Issued: October 20 2004Effective: as of date of promulgationApplicability: The Measures apply to all settlement of construction project monies within the…
November 30, 2004Issued: October 25 2004Effective: July 1 2004Main contents: Article 9 of the Several Specific Problems Concerning Land Use Tax Supplementary Provisions…
November 30, 2004Allows 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.
November 30, 2004A financial institution is required to transfer the reserve deposit to designated accounts every month. The foreign exchange reserve deposit ratio is unified at 3%.
November 30, 2004Definition for investment in and establishment of enterprises overseas by PRC companies, and the administrative responsibilities of Ministry of Commerce.
October 31, 2004The Procedures regulates fund offering, purchase and redemption of fund shares, fund Investments and earnings distribution, and fund shareholders' general meeting.
October 31, 200417 category of business modes in the retail industry.
October 31, 2004
