By Carl Cheng and Wayne LeeChina's first regional electricity market (Market) commenced simulated operation on January 15 2004. The Market requires electricity…
Repealing its 1999 predecessor, the new Procedures improves upon the 'foreign insurance institutions' definition, administrative examination and approval, and prudential regulations.
The PRC Banking Regulation Law establishes a new banking supervision institution – the China Banking Regulatory Commission (CBRC) – to oversee the regulation for all banking institutions and activities in China.
Repealing its 1999 predecessor, the new Procedures simplies application and approval procedures for setting up a Chinese representative office for foreign insurance firms.
Promulgated: December 27 2003Effective: February 1 2004Main contents: With the new revision, the State Council banking regulatory authority has taken over…
Promulgated: December 4 2003Effective: January 10 2004Applicability: Landing of foreign satellite television within designated districts in China approved…