In 2005, China's Ministry of Commerce announced the expiry of anti-dumping measures offering protection to various Chinese domestic industries from imported products being 'dumped' onto the local market. Given that domestic industries actively participate in 'sunset' reviews to extend the application of the measures, it would be practical for foreign producers and exporters to become familiar with the procedural and substantive elements of the sunset review process in China.
In an effort to widen insurers' investment options, insurance regulatory authorities have issued new rules launching a pilot programme allowing insurance companies to invest in infrastructure projects. Will the new laws provide a safe means to boost returns for China's insurance companies and their policyholders?
In a bid to raise returns and diversify its portfolio, the PRC's National Social Security Fund has asked foreign institutions to apply to manage its billions of dollars in pension funds to be invested overseas. What type of investments are permitted and what mechanism has been put in place to safeguard the overseas management of the investment funds?
The Trial Measures stipulate the scope and qualifications of eligible investment plans, which must be purchased through and operated by a professional institution. The investment scale and proportion by PRC insurance companies are also limited.
To initiate the implementation of a cost sharing mechanism under the PRC Renewable Energy Law, these Measures set up a pricing system for electricity generation using wind power, biomass, solar energy, ocean energy and geothermal energy (but excluding hydroelectricity).
Issued: March 31 2006Effective: April 20 2006Main contents: From April 20 2006 the Shanghai headquarters of the People's Bank of China is authorized to…
Issued: April 13 2006Main contents: The Announcement relaxes the policies on opening, amending and closing current account-related foreign exchange accounts,…
Issued: February 21 2006Main contents: The Reply clarifies the obligation of truthful disclosure by the proposer. clp reference:3900/06.02.21promulgated:2006-02-21
Promulgated: February 28 2006Effective: March 28 2006Applicability: These Provisions apply to compensation for damage occurred in the course of air transportation…
Promulgated: December 31 2005Main contents: Under the premise of adequate capital guarantee, stringent financial supervision and the establishment of a…