Issued: July 29 2004Effective: July 1 2004Main contents: The Circular abolishes the administrative examination and approval requirements on the establishment…
Pension reform in China has been high on the government's agenda for many years. Issues such as providing for an aging population and generating the institutional capital that can be reinvested in the economy will be discussed in this feature.
The Opinions acknowledge the significance of vigorously development in the capital markets, outline reform ideologies, and provide directions for future liberalization.
The Provisions set out the temporary framework for insurance asset management companies on establishment, change, termination, business scope, operation rules and risk control.
The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.
A comparative analysis of suspension rules under the three governing statutes for US-China sales contracts: the PRC Contract Law, the Uniform Commercial Code and the United Nations Convention on Contracts for the International Sale of Goods.