Legislation

• People's Bank of China and China Banking Regulatory Commission, Circular on Promoting Land Conservation and Improving the Efficiency of Land Use through Financial Means

  中国人民银行、中国银行业监督管理委员会关于金融促进节约集约用地的通知

  Loans for real property tightened.

  October 15, 2008

• Other Recent Legislation for this Month

  NATIONAL LEGISLATION CONSTRUCTIONRegulations for the Administration of Foreign Project Contracting 对外承包工程管理条例L4200/08.07.21EMPLOYMENT…

  October 15, 2008

• Guangdong Province, Operational Guidelines for the Transformation at the Original Location without Suspension of Production of Enterprises that Process Imported Materials

  广东省来料加工企业原地不停产转型的操作指引

  Guangdong grants processing enterprises right to sell their products in China.

  October 15, 2008

• Ministry of Commerce and Ministry of Land and Resources, Measures for the Administration of Foreign-invested Mineral Exploration Enterprises

  商务部、国土资源部外商投资矿产勘查企业管理办法

  Geographic restriction on exploration permits lifted.

  October 15, 2008

• Ministry of Finance, China Securities Regulatory Commission, National Audit Office, China Banking Regulatory Commission and China Insurance Regulatory Commission, Basic Guidelines for Internal Controls of Enterprises

  财政部、中国证券监督管理委员会、审计署、中国银行业监督管理委员会、中国保险监督管理委员会企业内部控制基本规范

  First law on internal controls of enterprises.

  October 15, 2008

• Ministry of Commerce and General Administration of Customs, 2008 Catalogue of Prohibited Commodities in the Processing Trade

  商务部、海关总署2008年加工贸易禁止类商品目录

  China to restrict and improve the standard of processing trade.

  October 15, 2008

• China Securities Regulatory Commission, Compilation Rules for Information Disclosure by Companies that Offer Securities to the Public (No.26): Special Provisions for the Information Disclosure of Commercial Banks

  中国证券监督管理委员会公开发行证券的公司信息披露编报规则第26号 - 商业银行信息披露特别规定

  Commercial banks required to disclose information on sub-prime loans.

  October 15, 2008

• Beijing Municipality, Opinion on Thoroughly Implementing the «Beijing Municipality, Regulations on Promoting Information Technology» and Strengthening the Regulation of Electronic Commerce

  北京市关于贯彻落实《北京市信息化促进条例》加强电子商务监督管理的意见

  Beijing requires e-shops to apply for a business licence.

  October 15, 2008

• PRC Law on the Promotion of the Circular Economy

  中华人民共和国循环经济促进法

  Power grid enterprises required to purchase electric power generated using waste resources.

  October 15, 2008

• China Securities Regulatory Commission, Decision on Amending Article 63 of the «Measures for the Administration of the Takeover of Listed Companies»

  中国证券监督管理委员会关于修改《上市公司收购管理办法》第六十三条的决定

  Takeover measures amended to facilitate increase in shareholding by major shareholders.

  October 15, 2008