Legal

Maintaining the standard and qualification of bid evaluation experts and bid evaluation expert panels.

New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this year.

Baker & McKenzieThe Administration of the Broadcasting of Audio-visual Programmes on the Internet and other Information Networks Procedures (the Procedures)…

The China International Economic and Trade Arbitration Commission (CIETAC) has become one of the busiest arbitration centres in the world. Along with its heavy caseload have come questions about CIETAC's impartiality. How accurate are the allegations?

Joint venture trading companies are now allowed on a wider scale. Trading companies can now be set up anywhere in China, the registered capital requirements and requirements for investors are less restrictive than in previous regulations, and the scope of business is wider.

Foreign enterprises in the PRC are required to pay value-added tax, business tax and enterprise income tax on the revenue from disposing Chinese financial assets.

Joint venture trading companies are now allowed on a wider scale. Trading companies can now be set up anywhere in China, the start up requirements are less restrictive, and the scope of business is wider.

Promulgated: January 8 2003Effective: March 1 2003Interpreting authority: State Economic and Trade CommissionApplicability: These Measures apply to the…

Issued: January 16 2003Effective: as of date of issueMain contents: Exploration rights and mining rights may be granted by the authority in charge of registration…