Legal

Issued: October 20 2006Main contents: The Circular states that the definition of ordinary standard residential premises in Article 8 of the PRC Land Value-added…

Issued: September 21 2006Main contents: The Outline states that the business development objectives are:(1) to strive to double 2005's national income…

Promulgated: November 30 2006Effective: December 1 2006Applicability: The term "senior management personnel of securities companies" (Senior Management…

Cinda Asset Management plans to securitize US$604 million of Bank of China's bad loans, reports the Financial Times. Cinda is a state-owned firm that specializes…

By Song [email protected]: www.haiwen-law.comIn February 2006, the China Internet Network Information Center (CNNIC) issued a revised…

Promulgated: August 27 2006Effective: January 1 2007Main contents: Standing committees of people's congresses at all levels shall select several important…

Promulgated: November 6 2006Effective: The filing of tax returns for individuals with an annual income of at least Rmb120,000 shall be effective from January…

Will the Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutionsdiminish benefits for foreign investors? How will local insurers manage the new dimension of competition?

By Song [email protected]: www.haiwen-law.comIn February 2006, the China Internet Network Information Center (CNNIC) issued a revised…