Legislation

• China Insurance Regulatory Commission, Administration of Insurance Asset Management Companies Tentative Provisions

  中国保险监督管理委员会保险资产管理公司管理暂行规定

  Sets out the temporary framework for insurance asset management companies on establishment, change, termination, business scope, operation rules, and risk control.

  September 02, 2004

• China Insurance Regulatory Commission, Adjustment to the Proportion of Investments by Insurance Companies in Bank Subordinated Bonds, Bank Subordinated Debt with Fixed Term and Enterprise Bonds Circular

  中国保险监督管理委员会关于调整保险公司投资银行次级债券、银行次级定期债务和企业债券比例的通知

  Issued: June 25 2004Effective: as of date of issueApplicability: The Circular also applies to investments in subordinated bonds by insurance asset management…

  September 02, 2004

• Matters Relevant to Investments in Convertible Corporate Bonds by Insurance Companies Circular

  中国保险监督管理委员会关于保险公司投资可转换公司债券有关事项的通知

  Insurance companies are now allowed to invest in convertible corporate bonds.

  September 02, 2004

• Ministry of Justice, Administration of Partnership Law Firms Procedures

  合伙律师事务所管理办法

  Raised the qualification requirements of and more responsibilities for partners.

  September 02, 2004

• China Securities Regulatory Commission, Issues Relevant to Regulating Offshore Listing of Subsidiaries of Domestic Listed Companies Circular

  关于规范境内上市公司所属企业到境外上市有关问题的通知

  The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.

  September 02, 2004

• Shenzhen City, Guidelines on Legal Service Fees in Sales and Purchases of Real Property Implementing Procedures (Trial Implementation)

  深圳市律师在房地产买卖活动中法律服务收费指引实施办法(试行)

  Issued: April 26 2004Effective: April 15 2004Applicability: The Procedures apply to law firms and entrusting parties established in Shenzhen (Article 2).Main…

  September 02, 2004

• China Enterprise Association for Foreign Trade and Economic Cooperation and Credit System Expert Assessment Committee, Foreign Trade Enterprise Credit Rating Standards and Implementing Procedures

  中国对外贸易经济合作企业对协会、信用体系专家评审委员会对外贸易企业信用评级标准及实施办法

  Promulgated: July 6 2004Applicability: The Standards and Implementing Procedures apply to foreign trade enterprises registered with the Ministry of Commerce…

  September 02, 2004

• State Food and Drug Administration, Administration of Internet-based Pharmaceutical Information Services Procedures

  国家食品药品监督管理局互联网药品信息服务管理办法

  Promulgated: July 8 2004Effective: as of date of promulgationInterpreting authority: State Food and Drug AdministrationApplicability: The Procedures apply…

  September 02, 2004

• Supreme People's Court, The Question on People's Court's Refusal to Handle a Retrial Request by a Party Concerned that is not Satisfied with the Ruling to Dismiss its Application to Vacate an Arbitral Award Official Reply

  最高人民法院昨关于当事人对驳回其申请撤销仲裁裁决的裁定不服而申请再审，人民法院不予受理问题的批复

  People's Court refuses retrial after an arbitral award is upheld.

  September 02, 2004

• Shanghai Municipality, Abolishment of the Administrative Examination and Approval Requirements in Respect of the Establishment of, Extension of the Term of and Alteration to Resident Representative Offices of Taiwan, Hong Kong, Macao and Foreign Enterprises by the Shanghai Foreign Economic Relation and Trade Commission Circular

  上海市关于上海市外贸委取消对有关台港澳、外国企业常驻代表机构设立、延期、变更方面的行政审批事项的通知

  Issued: July 29 2004Effective: July 1 2004Main contents: The Circular abolishes the administrative examination and approval requirements on the establishment…

  September 02, 2004