Details of food additives made more transparent.
July 14, 2010
Legal
National legislation BankingCircular on Issues Relevant to Expanding the Pilot Projects for Cross-border Trade Settlement in Renminbi关于扩大跨境贸易人民币结算试点有关问题的通知…
July 14, 2010Applicability of the Tort Liability Law clarified.
July 14, 2010The CIRC may release a major shareholder from the restriction on shareholding percentage if it satisfies certain provisions.
July 14, 2010The Measures specify the information that an insurance company is required to disclose as well as the method and time of disclosure.
July 14, 2010Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.
July 14, 2010The Measures classify establishments of insurance companies into four grades based on the companies' risk positions and impose regulatory measures accordingly.
July 14, 2010The Provisions set forth the application procedure for a food additive production permit, require the keeping of production management records and specify the particulars to be listed on the label and instructions for use.
July 14, 2010A series of new policies recently released to attract foreign investment demonstrates China's aim to diversify foreign direct investment, channel money into the central and western regions, and encourage environmentally-friendly and high-tech industries to set up onshore. However, the rules are fairly general and more legislation will be needed for proper implementation
July 14, 2010