The Shanghai Municipal Commission for Foreign Economic Relations and Trade issued a detailed set of implementing rules which govern the establishment of regional headquarters by foreign multinationals in various forms.
Issued: April 14 2003Effective: July 1 2003Main contents: The revised Guidelines now require an audit report to include an introductory paragraph and the…
Issued: January 14 2003Effective: July 1 2003Main contents: When defining the term "events after the balance sheet date", the revised Guidelines make it…
Shanghai aims to become a regional business hub. New rules have been issued that supplement initial steps that Shanghai took in the summer of 2002 to make itself a focus of international business.
The Shanghai Communications Administration Bureau's recently released 2002 overview of the city's telecommunications industry makes for interesting reading.…
Driven by strong government support and robust market demand, China's IT industry has reportedly grown by 20% annually over the past decade. Public spending…
The body of laws governing the bidding process for construction projects in the PRC has seen an important new addition, with the Invitation and Submission of Bids for Construction Projects Procedures (the New Procedures) issued on March 8 2003 and effective May 1 2003.
Issued: March 24 2003Effective: as of date of issueInterpreting authority: China Securities Regulatory Commission (CSRC)Main contents: The valid period…
Issued: March 18 2003Effective: as of date of issueMain contents: For companies with successive loss for two years as a result of material accounting mistakes…