The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.
This piece of legislation marks a significant development of China's securities markets as it opens up the A share and domestic bond markets to foreign investment for the first time. It lays down the application and qualification standards of QFII.
Baker & McKenzieIgnoring the regrettable fact that pirated DVDs retail at Rmb10 or less in the PRC and bearing in mind that China is an important production…
New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.
Llinks Law OfficeSince China first set up its legal framework for foreign investment in the early 1980s, two fundamental issues have faced foreign investors…
Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.
The PRC's new Environmental Impact Assessment Law (the Law) clarifies and strengthens environmental protection requirements applying to the establishment, expansion or change of business operations, and extends similar requirements to the drafting of government plans that might affect China's environment.
The recently amended PRC Trademark Law (Trademark Law), the PRC Trademark Law Implementing Regulations (the Implementing Regulations) and supplemental judicial interpretations issued by the government greatly assist and guide practitioners and brand owners to reap further benefits.