Legal

• State Administration of Foreign Exchange, Adjustment to the Administrative Measures for Purchase of Foreign Exchange for Pre-payment of Loans Circular

  国家外汇管理局关于调整购汇提前还贷管理措施的通知

  Relaxes the prior restriction against purchasing foreign exchange to pre-pay FX loans.

  June 02, 2002

• State Oceanic Administration, Examination and Approval of the Application for Use of Sea Territory Tentative Measures

  国家海洋局海域使用申请审批暂行办法

  Application process for using Chinese sea territory.

  June 02, 2002

• Shanghai Municipality, Reform of the Administrative Procedures for Examination and Approval of Real Property Construction Projects (Land for Bid or Auction) in the Municipality Trial Implementation Proposal

  上海市本市房地产建设项目 (招标拍卖用地) 审批管理程序改革试行方案

  Gives a heavier emphasis on supervision and service in approving premises projects that obtain leaseholds through bidding or auction.

  June 02, 2002

• Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited, Market Value Distribution of New Share Issues Implementing Rules

  上海证券交易所、深圳证券交易所、中国证券登记结算有限责任公司新股发行市值配售实施细则

  Governs the allocation process, listing, and trading of A shares in circulation.

  June 02, 2002

• Guangzhou Municipality, Strengthening the Administration of Collection of Individual Income Tax from Key Taxpayers Tentative Measures

  广州市加强对个人所得税重点纳税人征收管理暂行办法

  Applies to expatriates working in Guangzhou capacities, salaried lawyers, registered accountants, enterprise legal representatives and financial officers.

  June 02, 2002

• Department of Public Offering Supervision of China Securities Regulatory Commission, Standards for Examination and Verification of Share Issues Memorandum No.9 Whether a Company That Proposes to Issue Shares Complies with the Issue Conditions When There Exists a Problem of Negative

  中国证监会发行监管部股票发行审核标准备忘录第9号 －关于报告期内存在“未分配利润”为负数问题的拟发行公司是否符合发行条件的审核指引

  Issued: April 16 2002Main contents: The Guidelines list the conditions that a company proposing to offer shares will not violate the Company Law even if…

  June 02, 2002

• Ministry of Culture and General Administration of Customs, Administration of Import of Audio and Video Products Measures

  文化部、海关总署音像制品进口管理办法

  Rules for content examination on imported Audio-video products.

  June 02, 2002

• Ministry of Land and Resources, Grant of State-owned Leaseholds by Invitation for Bids, Auction and Listing Provisions

  国土资源部招标拍卖挂牌出让国有土地使用权规定

  Outlines the bidding process for state-owned leaseholds and the subsequent determination of land usage.

  June 02, 2002

• People's Bank of China, Commercial Bank Information Disclosure Tentative Measures

  中国人民银行商业银行信息披露暂行办法

  Requires the disclosure of financial and accounting reports, risk management, corporate governance and largest shareholders, changes in registered capital, and M&A.

  June 02, 2002

• Department of Public Offering Supervision of China Securities Regulatory Commission, Standards for Examination and Verification of Share Issues Memorandum No.12 Examination and Verification Guidelines for Such Questions as the Proportion of External Investment

  中国证监会发行监管部股票发行审核标准备忘录第12号 －关于对外投资比例等问题的审核指引

  Issued: May 28 2002Main contents: The Guidelines stipulate that the accumulative external investments (including the investment capital raised by the current…

  June 02, 2002