As state-owned enterprise reform continues, the Circular resolves ambiguities as to how state-owned assets and shares are to be disposed.
Legislation
- October 02, 2004
Guidelines to the assessment and approval of Hong Kong or Macao investment by way of setting up enterprise in the PRC.
October 02, 2004Cancelling verification and approval requirements by the State Council's securities regulatory authority.
October 02, 2004Produces categorised lists of investment projects subject to official verification and guidance, and relaxes approval and verification systems applied to projects.
October 02, 2004Promulgated: August 28 2004Effective: as of date of promulgationInterpreting authority: State Administration for Industry and CommerceApplicability: The…
October 02, 2004Tax excemptions on unprofitable real property are repealed.
October 02, 2004List of enterprise investment projects, government investment projects, as well as encouraged, permitted and restricted category projects.
October 02, 2004Deed tax levied only on land or housing ownership inherited by non-heirs, but not by heirs.
October 02, 2004Promulgated: June 17 2004Effective: as of date of promulgationInterpreting authority: People's Bank of China and China Banking Regulatory Commission (CBRC)Applicability:…
October 02, 2004Regulate the procedures whereby the National Development and Reform Commission reviews and approves foreign investment projects pursuant to a new project 'confirmation system'.
October 02, 2004
