False profit statements and other forms of misrepresentation have plagued China's securities markets for years. A new SPC regulation directs the government's efforts to clean up the markets.

Promulgated: February 27 2003Effective: April 1 2003Applicability: For the purposes of these Regulations, "venture capital investment" means equity investment…

The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.

The past several years have seen continuous growth in China's investment funds market, and especially in open-end funds. The China Securities Regulatory…

Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?

Promulgated: December 31 2002Effective: May 1 2003Interpreting authority: General Administration of Quality Supervision, Inspection and QuarantineApplicability:…

Adopted: July 17 2002Effective: January 1 2003Applicability: "Real property agency services" is defined as the provision of such business services as consultancy,…

Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…

Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…