Legal

• Administration of Foreign-invested Venture Capital Investment Enterprises Provisions

  外商投资创业投资企业管理规定

  These provisions regulate the establishment and operations of venture capital investment enterprises.

  February 28, 2003

• Halfway to Effective Shareholder Protection

  False profit statements and other forms of misrepresentation have plagued China's securities markets for years. A new SPC regulation directs the government's efforts to clean up the markets.

  February 28, 2003

• Ministry of Agriculture Formalizes Processes for Handling PVR Infringement Cases

  The Ministry of Agriculture issued new rules on infringement cases involving plant varieties. They constitute another important part of the regulatory infrastructure for the protection of PVRs in China.

  February 28, 2003

• FIE Financing and the New Foreign Debt Measures

  The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.

  February 28, 2003

• Guangdong Takes the Lead in Regulating E-commerce Transactions

  On December 6 2002 the Guangdong Provincial People's Congress passed the Guangdong Province, Electronic Transactions Regulations (the Regulations). These are the first regulations in China to address the particulars of electronic transactions.

  February 28, 2003

• China Gets Tough on Money Laundering

  New regulations from the central bank target the use of financial institutions to launder funds obtained by criminal means. Under new rules, both renminbi and foreign currency transfers through financial institutions under the PBOC's supervision will come under heightened scrutiny.

  February 28, 2003

• FIE Financing and the New Foreign Debt Measures

  The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.

  February 28, 2003

• Accelerating the Marketization of Urban Utilities Opinions

  关于加快市政公用行业市场化进程的意见

  These opinions address the administrative procedures and requirements of urban utilities enterprises and the application procedures for urban utilities concession system.

  January 31, 2003

• Ministry of Construction, Accelerating the Marketization of Urban Utilities Opinion

  建设部关于加快市政公用行业市场化进程的意见

  Issued: December 27 2002Main contents: The Opinion deals with the opening of the urban utilities market, establishment of an urban utility concession system…

  January 31, 2003

• State Administration for Industry and Commerce, Questions Relevant to Registration Related to Electronic Commerce Reply

  国家工商行政管理总局关于电子商务登记有关问题的答复

  Issued: November 1 2002Main contents: The Reply states that the characters, (electronic commerce), may be used in enterprise names. However electronic…

  January 31, 2003