The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.
Fangda PartnersThe right of foreign investment enterprises (FIEs) to import and distribute goods in China is one of the focal areas of China's accession…
Zhonglun Law FirmThe "hot" issue in reforming China's financial system is how to improve the corporate governance mechanisms of state-owned commercial…
Promulgated: May 14 2002Effective: as of date of promulgationApplicability: Where Notice No. 1 of the PRC, International Maritime Transport Regulations…
Promulgated: June 27 2002Effective: July 18 2002Main contents: The Measures make changes to the old Measures promulgated in 1996 such as adding more details…
Promulgated: December 20 2001Effective: January 1 2002Interpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC)Applicability:…
Issued: April 16 2002Main contents: The Requirements stipulate that State-owned companies limited by shares and non-State-owned companies limited by shares…
Promulgated: June 29 2002Effective: January 1 2003Applicability: For the purposes of this Law, "government procurement" means procurement of goods, works…
Issued: November 27 2001Effective: January 1 2002Applicability: The Financial Enterprise Accounting System is initially applicable to listed financial…