Legal

A circular which servces to strengthen the administration of foreign exchange issues and taxation of Foreign invested Enterprises.

Under new MOFTEC rules, foreign operators can now hold up to 75% ownership in international freight forwarding agency companies in China. The key question for such foreign operators is: how to best structure their operations so as to be in a position to take full advantage when wholly foreign-owned enterprises become available in less than three years' time?

China's automotive industry is seen as one of the big growth areas in the post-WTO era. We're pleased this month to have a comprehensive survey of the main issues in the trade agreements regulating foreign investment and the current state of investment in China's car industry.

About 160 million tonnes of urban waste are discharged every year in China and only half this amount is properly treated. In 2001, around 22.8 billion…

China's environment has taken a beating over the past decades when economic growth has been the government's priority. The government is now making a keen effort to tackle the problems, and is devoting resources to major projects.

Provisions governing foreign-invested construction enterprises, including establishing procedures, documents required and business scope.

Issued: November 6 2002Effective: December 1 2002Main contents: The Announcement allows foreign-invested financial institutions established in Guangzhou,…

Promulgated: November 8 2002Effective: January 1 2003Interpreting authority: State Economic and Trade Commission, the Ministry of Finance, the State Administration…

Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…