The Procedures clarify that "branded automobile sales" do not require the establishment of 4S shops, but a unified shop name, logo or trademark under which automobile business activities of automobile suppliers or their authorized branded automobile dealers are engaged in.
New rules now allow commercial banks to establish fund management companies. What do the new rules mean for banks and how will this affect China's fund management industry?
Promulgated: January 18 2005Interpreting authority: National Development and Reform Commission in conjunction with relevant departmentsApplicability: The…
Issued: December 11 2004Effective: as of date of issueMain contents: The Notice permits foreign-invested life insurance companies to provide health insurance,…