State Council, Implementing Regulations for the PRC Law on the Invitation for and Submission of Bids
Public invitations for bids must be carried out for projects with controlling or majority investments from state-owned funds.
Public invitations for bids must be carried out for projects with controlling or majority investments from state-owned funds.
Implementing Regulations finally come out after the promulgation of the PRC Law on the Invitation for and Submission of Bids in 1999, preventing the restriction or preclusion of potential bidders.
After 12 years of waiting, some Implementing Regulations have begun to clarify and expand upon a Tendering and Bidding Law that left many issues open to interpretation
After 12 years of waiting, some Implementing Regulations have begun to clarify and expand upon a Tendering and Bidding Law that left many issues open to interpretation
The Catalogue has been revised since the 2007 revision. Venture investment enterprises and intellectual property services are added to the encouraged category while the manufacture of assembled automobiles is removed from the category.
Private sector investments allowed in commercial bank equity investment.
In a recent push to jumpstart initiatives that would develop its countryside, the central Chinese government has issued a new opinion that offers rural inhabitants much needed financial support and resources
More stringent requirements for insurance asset management companies establishing infrastructure bond investment plan products.
The Guidelines set forth the conditions with which an insurance asset management company or trust company shall comply when engaging in the infrastructure bond investment plan business.
Insurance funds allowed to invest in infrastructure bond investment plans.