The revised Law encourages increased foreign trade and cross-border services and cooperation by simplifying the approval requirements to trading rights, but impose new intellectual property licencing barriers.
The new Procedures represent China's WTO commitments to remove restrictions against wholly-owned foreign enterprises, high threshold registration requirements, introduce more permissible retail and wholesale activities, and simplifies approval process.
The new Regulations opened the advertising market in China to greater foreign participation, and provides a legal guide for gaining more substantial control over their China operations.
Issued: April 20 2004Main contents: The Decision states that the assignment of the pre-sold commodity residential premises bought by a pre-purchaser must…
The SAIC retains authority to pursue administrative legal liability even after settlement of the trademark dispute, if the infringement is injurious to public or consumer interests.
The Procedures concern the monitoring, analysis and assessment of non-performing assets, in particular sources and analyses of data and information and the time for assessment report submission.