Legal

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.

Countervailing investigations may be suspended or terminated on public interest grounds.

Guidelines to internal governance of law firms, including hiring and termination policy.

Issued: April 20 2004Main contents: The Decision states that the assignment of the pre-sold commodity residential premises bought by a pre-purchaser must…

Opens up investment and operation of international maritime transport business and auxiliary businesses relating to international maritime transport.

Regulates the payment, advance payment and return of premiums and indemnities, and recoveries.

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.