The minimum duration of business establishment and assets for QFII status is clearly set out. Limitations on shareholding percentages of securities investments in China by foreign investors are imposed.
Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
Issued: September 1 2006Effective: as of date of issueApplicability: In the event of a conflict between existing provisions and this Circular, this Circular…
Issued: July 13 2006Main contents: The Supplementary Circular clarifies the criteria for enjoying tax reduction or exemption for newly established enterprises.Related…
Promulgated: August 27 2006Effective: June 1 2007Main contents: The Law comprisesPart One: General ProvisionsPart Two: Petition and AcceptancePart Three:…
On September 7 2006, the State Council and Ministry of Land announced new rules to control land. These include increased compensation for evicted residents…
China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…