Promulgated: July 12 2006Effective: September 1 2006Interpreting authority: China Insurance Regulatory Commission (CIRC)Applicability: The term "branches…
This Circular provides implementing procedures to the earlier issued Tentative Measures for the Administration of Overseas Financial Management Services Offered by Commercial Banks on Behalf of Customers.
Issued: May 30 2006Main contents: For re-import in the form of general trade of exported products whose country of origin is China, all local departments…
Prohibits direct offshore ownership structure, guaranteed fixed returns for foreign-invested real estate enterprise, and heightens scrutiny in the area of equity interests transfer and merger & acquisition in real estate-related industry.
China's first lawsuit for sending unsolicited mobile phone text messages was filed against Jiangsu Unicom (JU), one of China's three largest telecommunications…
The new Measures notably improves protection for computer software importers and supply chains by confirming that customs import duty will not be levied on most data-processing software.
The Circular permits currency conversions between different foreign currencies at designated banks. It removes the foreign exchange limit and allows the collection of premiums either in renminbi or foreign exchange.
Issued: July 6 2006Main contents: In view of the fact that export enterprises in bonded zones may handle customs declaration for export business in areas…