After completing the necessary foreign exchange registration and capital contribution confirmation procedures, a foreign-invested partnership may directly open foreign exchange accounts and purchase foreign exchange with the bank.
January 10, 2013
Legislation
Law firms are allowed to engage in full trademark agency services.
January 10, 2013CSRC relaxes restrictions on listing of H-shares.
January 10, 2013China to allow issuance of preference shares.
January 10, 2013Investment of insurance proceeds allowed in stock index futures trading.
January 10, 2013Participation in financial derivatives trading by insurance proceeds is for hedging purpose only.
January 10, 2013Hong Kong and Macao law firms allowed to operate in association with up to three mainland law firms.
January 10, 2013After liquidation, a creditor of a wholly individually-owned enterprise may still assert its rights against the investor in respect of the outstanding portion of its claim.
January 03, 2013Insurance capital may now invest in 25 developed markets and 20 emerging markets. The amount allowed to be invested in emerging markets has also increased from not exceeding 5% of last year end's total assets to 10%. Investment instruments allowed include money market instruments, fixed-return instruments, equity, immovable property, investment funds and REITs.
January 03, 2013Issued: November 26 2012Main contents: According to the Draft, quality and technical supervision departments will not handle complaints from consumers…
December 17, 2012