Issued: December 12 2005Effective: January 1 2006Applicability: In the event of a conflict between previous related provisions and this Circular, this…
Issued: January 19 2006Main contents: Investors engaging in futures transactions shall open bank settlement accounts with futures settlement banks (Industrial…
As part of the government's efforts to reform the construction sector, the Ministry of Construction has issued draft provisions on the administration of foreign-invested construction engineering service enterprises. Do these provisions go far enough to encourage greater foreign investment in the sector?
Promulgated: February 24 2006Effective: March 1 2006Applicability: These Procedures apply to limited liability companies, companies limited by shares,…
Issued: October 17 2005Main contents: Where the service term and liquidated damages for breach of contract are agreed upon by both parties to a labour…
Promulgated: February 13 2006Effective: as of date of promulgationInterpreting authority: Shenzhen Stock Exchange (Stock Exchange)Applicability: The term…
Promulgated: February 6 2006Effective: May 8 2006Interpreting authority: Shanghai Stock Exchange (Stock Exchange)Applicability: These Rules apply to spot…
A relief in the restriction of the types of financial products offered by commercial banks broadens and diversifies the personal wealth management services they offer. Permitting banks to offer higher rates than the PBOC rate, and allowing wealth management products other than deposits, banks now enjoy higher competitiveness in the financial industry. The Tentative Measure provides for the relevant administration and risk management rules.