While it maintains the existing distinction between partial and full foreign-invested enterprise status, the Measures have new stipulations on investor qualifications, share transfer regulations, general offer requirements, corporate procedures and methods of acquisition payment.
The new rules on foreign strategic investment aim to restore investor confidence in merger and acquisition activity in China. What are the new reforms and how will they assist new investors in Chinese listed companies?
Issued: December 29 2005Effective: January 1 2006Interpreting authority: China National Tourism Administration in conjunction with Ministry of CommerceMain…
Promulgated: November 15 2005Effective: January 1 2006Applicability: The term "acceptance of entrustment of pharmaceutical processing from overseas pharmaceutical…
Promulgated: December 28 2005Effective: February 1 2006Interpreting authority: General Administration of CustomsApplicability: The term "import and export…
Whilst China's new measures for environmental impact assessment are good news for the environment, these may cause problems for project owners by potentially delaying construction and even losing business opportunities if a public hearing is required.
This Law regulates the public offering and trading of securities, takeover of listed companies, stock exchanges, supervision of securities companies, securities depository and clearing institutions, securities service institutions, securities associations, and the securities regulatory authority.
Issued: December 1 2005Main contents: Business tax shall be exempted from spread income gained in securities trading business in China engaged in by domestic…