Projects Energy and Environment

Trusts in China have made considerable progress over the past few years. China's trust industry saw several positive developments in 2002, but much remains to be done to create an investment field with widespread appeal.

Provisions governing foreign-invested construction enterprises, including establishing procedures, documents required and business scope.

Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…

Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…

The PRC's new Environmental Impact Assessment Law (the Law) clarifies and strengthens environmental protection requirements applying to the establishment, expansion or change of business operations, and extends similar requirements to the drafting of government plans that might affect China's environment.

New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.

Freshfields Bruckhaus DeringerWhile the Chinese central government has long prohibited the practice of "guaranteed fixed returns" whereby the Chinese party…

Impose administrative requirements on official area development plans.

Registration and qualification of cost engineers, and the renewal and change of registration.