Legal

• 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

• China Securities Regulatory Commission, Issues Relevant to the Implementation of the «State Council, The First Batch of Items in Respect of which the Administrative Examination and Approval Requirements are to be Abolished Decision» Circular

  中国证券监督管理委员会关于贯彻落实《国务院关于取消第一批行政审批项目的决定》有关问题的通知

  Issued: December 23 2002Main contents: Appended to the Circular is a list detailing the items in respect of which examination requirements are to be abolished…

  January 31, 2003

• Other Recent Legislation for this Month

  National LegislationAviation and AerospaceGeneral Aviation Control Regulations 通用航空飞行管制条例L4700/03.01.10BankingPeople's Bank of China,…

  January 31, 2003

• Ministry of Communications, Further Widening the Scope of Foreign Investment in the Road Transportation Sector Circular

  交通部关于进一步对外开放道路运输投资领域的通知

  Promulgation: November 28 2002Main contents: Item One of the Circular states that foreign, Hong Kong, Macao and Taiwan investors can participate in road…

  January 31, 2003