Legislation

The first attempt of the PRC in setting up the framework for derivatives trading by financial institutions.

Regulates foreign currency cash deposit and withdrawal, as well as foreign currency settlement by non-residents in the PRC.

Regulates power market entry and withdrawal, information disclosure, power purchase agreements, grid connection and dispatch agreements, opening of power grides and inter-regional trading in the Northeast.

The protection of the insurance industry in possible insolvency crisis induced by large scale accidents and disasters.

Listed companies are required to diclose information on negotiable share holders, asset losses, history of funds appropriation, and external security provision.

The Opinions acknowledges the significance of vigorously development in the capital markets, outline reform ideologies, and provides directions for future liberalizations.

The first attempt of the PRC in setting up the framework for derivatives trading by financial institutions.

Repealing its 1999 predecessor, the new Procedures improve upon the 'foreign insurance institutions' definition, administrative examination and approval, and prudential regulations.

By increasing transparency, and protection of ordinary people, the “Ten Measures” represent an institutional answer to the perceived unfairness in the allocation and development of land and resources within the PRC.