Legal

• Same City Business Networks: New Rules for Commercial Banks

  The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

  May 02, 2002

• Ministry of Finance and State Administration of Foreign Exchange, Further Strengthening the Work of Capital Verification for Foreign Investment Enterprises and Improving the System of Registration of Foreign Capital and Foreign Exchange Circular

  财政部、国家外汇管理局关于进一步加强外商投资企业验资工作及健全外资外汇登记制度的通知

  Accounting procedures for capital verification of foreign investments enterprises.

  May 02, 2002

• State Administration of Taxation, Tax Handling Questions Relevant to Income Tax on Expenses Arising from Controlling Risks or Reducing Future Expenses by Foreign Investment Enterprises Circular

  国家税务总局关于外商投资企业为抵御风险和减少未来费用而发生的支出有关所得税税务处理问题的通知

  Prohibits reserves, funds or future expenses withdrawal (except for bad debt) for taxation purposes.

  May 02, 2002

• Supreme People's Court, Provisions on Several Issues Concerning Jurisdiction Over Foreign-related Civil and Commercial Actions

  最高人民法院关于涉外民商事案件诉讼管辖若干问题的规定

  Forum for foreign civil commercial cases.

  May 02, 2002

• State Administration for Industry and Commerce, Questions Relevant to the Use of Service Trademarks Opinion

  国家工商行政管理总局关于服务商标使用有关问题的意见

  Display of licence information at the venue of providing services and on tools and commercial documents.

  May 02, 2002

• State Administration for Industry and Commerce and Ministry of Construction, Further Strengthening the Administration of Real Property Advertisement Circular

  国家工商行政管理总局、建设部关于进一步加强房地产广告管理的通知

  Combat the advertising activities of non-compliant real property projects.

  May 02, 2002

• State Administration for Industry and Commerce, The Question of Whether Branch Organizations of Foreign Investment Enterprises Can be Punished for Carrying Out Business Without Completing the Procedures for Extension After Their Terms of Operation Have Expired Reply

  国家工商行政管理总局关于外商投资企业分支机构经营期限到期后不办理延期手续而开展经营能否处罚问题的答复

  Issued: January 18 2002Main contents: The Reply stipulates that where branch companies of foreign investment enterprises do not complete the procedures…

  May 02, 2002

• Federalism and the Impetus for Reform in China

  China's recent entry into the WTO raises the essential question of what has driven reforms.

  May 02, 2002

• State Administration of Taxation, Questions Relevant to Calculation and Collection of Consumption Tax on Beer Official Reply

  国家税务总局关于啤酒计征消费税有关问题的批复

  Determination of consumption tax rate on beer.

  May 02, 2002

• State Administration of Radio, Film and Television, Administration of the Employment of Overseas Major Crew Personnel to Participate in the Taking of Domestically-produced Films Provisions

  国家广播电影电视总局聘用境外主创人员参与摄制国产影片管理规定

  Restricts the employment of foreign film crew.

  May 02, 2002