Features & Analyses

China is likely to launch its first anti-subsidy investigations in 2003 as it moves aggressively to utilize the full armory of WTO trade remedies.

New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.

New regulations have been issued that attempt to bring some order to the retail petrol industry, and strengthen the local business environment before the market is liberalized for foreign investment in 2004 per China's WTO commitments.

Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.

Broadened auto financing market access and the new industry regulations.

Building on prior rules protecting trademarks, the government has issued new guidelines on how trademark dispute cases should be heard.

The Interpretation for the first time supplemented the summary provisions issued more than 10 years ago in the Civil Procedure Law.

China's continuing efforts to create a sound tax collection system include strengthening the tax authorities and adding provisions favourable to taxpayers.

For the first time, clear rules have been spelled out as to how a takeover of listed Chinese companies can be done.