The Procedures clarify that "branded automobile sales" do not require the establishment of 4S shops, but a unified shop name, logo or trademark under which automobile business activities of automobile suppliers or their authorized branded automobile dealers are engaged in.
The main focus of the Procedures is to administrate the relevant transactions and market risks brought by commercial banks that are shareholders of fund management companies.
The Procedures deal with the investments, approval procedures, industry rules, and administration of foriegn investment in the leasing industry.
The Circular aim to maintain the balance of payments and to ensure the compliant and orderly flow of cross-border capital. Local investors who wish to invest abroad with it sown domestic assets/equity shall obtain the verification of the foreign exchange administration.
Promulgated: January 18 2005Interpreting authority: National Development and Reform Commission in conjunction with relevant departmentsApplicability: The…
Issued: December 11 2004Effective: as of date of issueMain contents: The Notice permits foreign-invested life insurance companies to provide health insurance,…
Promulgated: December 7 2004Effective: December 15 2004Interpreting authority: People's Bank of China (PBOC)Applicability: The term "bonds"…
Promulgated: December 29 2004Main contents: "Credit cards" provided in the Criminal Law refers to electronic payment cards issued by commercial banks or…
Promulgated: December 30 2004Effective: February 1 2004Main contents: The Procedures comprise:Part One: General ProvisionsPart Two: Parties to a FranchisePart…
Issued: January 28 2005Main contents: If, after an equity transfer has ended, both parties sign and implement an agreement on the termination of the original…