In an attempt to clarify and modernize the PRC's regulations governing the public and private offerings of securities by listed companies, the Measures specified the three general requirements regarding the issuer's compliance record, profitability and accounting reports.
Promulgated: June 7 2006Effective: July 10 2006Main contents: Where the following personnel violate the laws, administrative regulations or relevant provisions…
China has revised and issued new accounting standards, bringing the country's financial reporting system for listed companies in line with international practices.
Promulgated: January 25 2006Applicability: Administration of the commencement of new construction projects and the commencement of the restructuring and…
Issued: February 16 2006Effective: May 1 2006Interpreting authority: Ministry of CommunicationsApplicability: These Measures apply to highway construction…
The Tentative Provisions were enacted to ensure safety and stability in overseas investments by the PRC National Social Security Fund. It sets out qualifications and duties for overseas investment managers and overseas asset custodians.
Promulgated: April 28 2006Effective: May 1 2006Main contents: The Provisions comprise:Part One: General ProvisionsPart Two: NSSF Overseas Investment ManagersPart…
The Trial Measures stipulate the scope and qualifications of eligible investment plans, which must be purchased through and operated by a professional institution. The investment scale and proportion by PRC insurance companies are also limited.
The scope of enterprises eligible for tax refunds on the purchase of domestically-manufactured equipment includes foreign-invested enterprises that are ordinary payers of value-added tax or engage in transport business or the development of ordinary housing.