Legislation

Following the 16th National Congress of the Communist Party in November 2002, the NPC issued the reform plan which reflects China's interest in developing a "market economy with socialist characteristics." Particularly, a number of government bodies are merged into a new Ministry of Commerce (MOFCOM).

A set of provisions which governs the urban planning services operated by foreign-invested enterprises.

Issued: February 21 2003Effective: April 1 2003Main contents: The revised Catalogue is still divided into two main categories: basic telecommunications…

Provides for the bidding procedures for Chinese construction projects, including state-funded projects.

Issued: January 14 2003Main contents: The Reply allows insurance assessors to engage in assessment of foreign exchange insurance within their scope of…

Registered capital requirements for insurance intermediaries to carry out external equity investment.

The handling of registered capital reduction due to transaction delay or business needs.

Shanghai labour entitlements.

Issued: February 14 2003Effective: March 1 2003Interpreting authority: Guangdong Province Development and Planning CommissionApplicability: "Venture Investment"…