China implements new registration system for registered capital subscription.
Banks required to disclose more information on affiliated transactions.
MOF explains accounting treatment for mergers of enterprises subject to the same control.
The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.
China promulgates first set of measures on alternative government procurement methods.
Non-financial institutions allowed to invest in consumer finance companies.
Wholly foreign-owned international shipping management enterprises allowed in the Shanghai FTZ.
SAFE relaxes forex control on trade in services.
Where an overseas investor has been granted approval to invest in a financial institution in China, it may make this investment in renminbi.
