Foreign-funded infrastructure projects form a critical part of China's economic development. However, ill-defined and incomplete legislation has over the years compromised the quality and boosted the costs as well as the final product prices of foreign-funded projects.
The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.
Jones, Day, Reavis & PogueChinese consumers spent a whopping US$300 billion on food and beverages (F&B) in 2000, accounting for 43% of total consumer…
Zhonglun Law FirmThe "hot" issue in reforming China's financial system is how to improve the corporate governance mechanisms of state-owned commercial…
Promulgated: December 20 2001Effective: January 1 2002Interpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC)Applicability:…
Promulgated: June 29 2002Effective: January 1 2003Applicability: For the purposes of this Law, "government procurement" means procurement of goods, works…
Promulgated: June 29 2002Effective: November 1 2002Applicability: With regard to fire, road traffic, railway traffic, waterway traffic and civil aviation…
Promulgated: May 17 2002Effective: as of date of promulgationApplicability: These Measures shall be complied with when any enterprise or operator carries…