Legal

• China Insurance Regulatory Commission, Administration of Investments in Corporate Bonds by Insurance Companies Tentative Measures

  中国保险监督管理委员会保险公司投资企业债券管理暂行办法

  Issued: May 30 2003Effective: as of date of issueMain contents: The Measures are formulated to ensure the liquidity, safety and profitability of the use…

  July 02, 2003

• People's Bank of China, Further Strengthening the Administration of Real Property Credit Business Circular

  中国人民银行关于进一步加强房地产信贷业务管理的通知

  Issued: June 5 2003Main contents: Item One concerns real property development loans. Real property loans should mainly support the residential property…

  July 02, 2003

• Other Recent Legislation for this Month

  National LegislationGovernment and AdministrationState Council, The Second Batch of Items in Respect of which the Administrative Examination and Approval…

  July 02, 2003

• National Development and Reform Commission, Suppression of Acts of Price Monopoly Tentative Provisions

  国家发展和改革委员会制止价格垄断行为暂行规定

  Promulgated: June 18 2003Effective: January 1 2003Interpreting authority: National Development and Reform CommissionApplicability: "Price monopoly acts"…

  July 02, 2003

• General Administration of Customs, Valuation of Royalties of Imported Goods Measures

  中华人民共和国海关关于进口货物特许权使用费估价办法

  Promulgated: May 30 2003Effective: July 1 2003Main contents: The Measures set forth the conditions where royalties shall be included in the calculation…

  July 02, 2003

• Ministry of Commerce, Establishment of Companies with an Investment Nature by Foreign Investors Provisions

  商务部关于外商投资举办投资性公司的规定

  Promulgated: June 10 2003Effective: 30 days after the date of promulgationMain contents: The Provisions consolidate the contents of the Establishment of…

  July 02, 2003

• Beijing Municipal Office of the State Administration of Taxation, Matters Relevant to Adjusting the Collection and Administration of Enterprise Income Tax of Resident Representative Offices of Foreign Enterprises of the Municipality Notice

  北京市国家税务局关于调整我市外国企业常驻代表机构企业所得税征收管理方式有关事项的通告

  Issued: June 18 2003Main contents: Apart from repeating the provisions of the Tax Administration Issues Relevant to Resident Representative Offices of…

  July 02, 2003

• State Council, Property Management Regulations

  国务院物业管理条例

  Issued: June 8 2003Effective: September 1 2003Main contents: Property owners of the same property management district should form an owners' general meeting…

  July 02, 2003

• The All China Lawyers' Association, Lawyers' Engaging in Securities Legal Business Guidelines (Trial Implementation)

  中华全国律师协会律师从事证券法律业务规范 (试行)

  Adopted: April 22 2003Effective: as of date of adoptionInterpreting authority: The All China Lawyers' AssociationApplicability: "Securities legal business"…

  July 02, 2003

• State Administration of Foreign Exchange and China Insurance Regulatory Commission, Issues Relevant to Administration of the Sale and Payment of Foreign Exchange for Foreign-ceded Reinsurance Business Circular

  国家外汇管理局、中国保险监督管理委员会关于境外再保险分出业务售付汇管理有关问题的通知

  Issued: June 20 2003Effective: July 1 2003Main contents: Item One of the Circular allows wholly Chinese-owned insurance companies, Sino-foreign equity…

  July 02, 2003