Regulatory changes that have made it easier to set up new foreign investments, but new rules have displayed an ambiguity over the respective roles of issuing authorities that may confound foreign investors.
The Procedures regulate fund offerings, purchase and redemption of fund shares, fund investments, distribution of earnings, and fund shareholders' general meeting.
The Procedures regulate the process whereby the National Development and Reform Commission reviews and approves foreign investment projects pursuant to a new project 'confirmation system'.
Rural grievances over tenancy insecurity are staples of news stories about China. This feature looks into the impact on peasantry rights as a result of economic change and the legal issues that arises out of Land Law in China.
The Procedures deal with qualifications of fund distribution agents, fund publicity and promotional materials requirements, and the regulation of sales business and fund sales charges.