Law Digest

• State Development Planning Commission and Ministry of Construction, Questions Relevant to the Regulation of Residential Premise Transaction Fees Circular

  国家发展计划委员会、建设部关于规范住房交易手续费有关问题的通知

  Prohibits the charging of fees on residential property transactions other than assignment and lease handling fees.

  February 28, 2002

• People's Bank of China, PRC Administration of Foreign-funded Financial Institutions Procedures Implementing Rules

  中国人民银行中华人民共和国外资金融机构管理条例实施细则

  Details the establishment procedures for foreign banks in China.

  February 28, 2002

• General Administration of Customs, Assessment of the Dutiable Value of Imported and Exported Commodities Measures

  中华人民共和国海关审定进出口货物完税价格办法

  The PRC guideline on the computation of dutiable value of import-export goods.

  February 28, 2002

• PRC Lawyers Law (Revised)

  中华人民共和国律师法(修正)

  Raises the threshold for PRC lawyers qualification to an undergraduate degree in law.

  January 31, 2002

• Ministry of Finance, Questions Relating to the Accounting Treatment of Asset Sales Between Affiliated Parties Tentative Provisions

  财政部关联方之间出售资产等有关会计处理问题暂行规定

  Includes transfer of assets, transfer of liabilities, bearing of expenses, operating on appointment, and borrowing of funds.

  January 31, 2002

• China Securities Regulatory Commission, Compilation Rules for Information Disclosures by Companies That Offer Securities to the Public No.14 ?Audit Opinions That Are Not Standard and Unqualified and the Handling of Relevant Matters

  中国证券监督管理委员会公开发行证券的公司信息披露编报规则第14号 ﹣非标准无保留审计意见及其涉及事项的处理

  The auditing standard for registered accountants compiling financial report of a listed company.

  January 31, 2002

• Ministry of Foreign Trade and Economic Cooperation, Administration of Import of Commodities Dealt in by Designated Dealers Measures

  对外经贸易经济合作部货物进口指定经营管理办法

  Promulgated: December 20 2001Effective: January 1 2002Interpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC)Main contents:…

  January 31, 2002

• Ministry of Foreign Trade and Economic Cooperation and State Administration for Industry and Commerce, Merger and Division of Foreign Investment Enterprises Provisions (Revised)

  对外贸易经济合作部、国家工商行政管理总局关于外商投资企业合并与分立的规定(修订)

  The merged identity, total investment amount, registered capital, equity purchase etc. of the newly allowed merger between foreign-invested and domestic enterprises.

  January 31, 2002

• State General Administration for Quality Supervision and Inspection and Quarantine, Administration of Adoption of International Standards Measures

  国家质量监督检验检疫总局采用国际标准管理办法

  Promulgated: December 4 2001Effective: as of date of promulgationInterpreting authority: State General Administration for Quality Supervision and Inspection…

  January 31, 2002

• China Insurance Regulatory Commission, Insurance Agencies Provisions

  中国保险监督管理委员会保险代理机构管理规定

  Regulates the operation and setting up of insurance agencies in the PRC.

  January 31, 2002