Promulgated: June 17 2004Effective: as of date of promulgationInterpreting authority: People's Bank of China and China Banking Regulatory Commission (CBRC)Applicability:…
Regulate the procedures whereby the National Development and Reform Commission reviews and approves foreign investment projects pursuant to a new project 'confirmation system'.
Guidelines for the issuance, investment ratio, investment term, risk control and compliance procedures in relation to insurance company's subordinated debt investment.