The PRC Banking Regulation Law establishes a new banking supervision institution – the China Banking Regulatory Commission (CBRC) – to oversee the regulation for all banking institutions and activities in China.

Promulgated: December 27 2003Effective: February 1 2004Main contents: With the new revision, the State Council banking regulatory authority has taken over…

Prerequisites for Hong Kong and Macao service providers in setting up joint venture and whooly owned international freight forwarding agencies in the PRC.

A new law issued by the Ministry of Commerce and others has allowed for the establishment of wholly foreign-owned export procurement agencies.

Extends the valid period for IP customs record to 10 years, and clarifies grounds for rejecting an application to filing of IP customs record.

Controls the shareholding of international freight forwarding agencies.

By Tarrant M. MahonyAs part of China¡¦s on-going battle to rationalize the management and operation of its water industry, promote national development…

By Tarrant M. MahonyAs part of China¡¦s on-going battle to rationalize the management and operation of its water industry, promote national development…

China has revised two of the country's key commercial banking laws, and has issued a concrete formulation of the role and responsibilities of the China Banking Regulatory Commission and this has been welcomed by industry watchers.