Foreign Direct Investment

These provisions regulate the establishment and operations of venture capital investment enterprises.

On December 29 2002, China officially announced the completion of its power sector restructuring, and the reorganization of the State Power Company's (SPC)…

Promulgation: November 28 2002Main contents: Item One of the Circular states that foreign, Hong Kong, Macao and Taiwan investors can participate in road…

On December 30 2002, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC), the State Administration of Tax (SAT), the State Administration of…

Provisions governing foreign-invested construction enterprises, including establishing procedures, documents required and business scope.

Promulgated: November 8 2002Effective: January 1 2003Interpreting authority: State Economic and Trade Commission, the Ministry of Finance, the State Administration…

Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…

Issued: September 10 2002Main contents: The Circular states that projects in which the foreign investor is guaranteed fixed returns are not in compliance…

The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.