The Ministry of Commerce recently issued new rules on foreign-invested holding companies. The business scope of holding companies has been widened, although some important areas of the new provisions need clarification.

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

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

National LegislationAccountingSystem for Review of the Practice Quality of Accounting Firms (Trial Implementation) 会计师事务所执行质量检查制度（试行）L3110/04.03.04Construction(Administration…

China's booming telecommunications services sector is not yet regulated by a telecommunications law. It is hoped that a law will be promulgated this year to regulate the market. What will the law look like?

By Carl Cheng and Wayne LeeChina's first regional electricity market (Market) commenced simulated operation on January 15 2004. The Market requires electricity…

The 2004 legislative agenda for the NPC.

Minimum capital adequacy ratio for domestic and foreign commercial banks in the PRC.

Clarifies the disclosure requirement for listed companies regarding non-recurring gain or loss.