The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.
China promulgates first set of measures on alternative government procurement methods.
Non-financial institutions allowed to invest in consumer finance companies.
Wholly foreign-owned international shipping management enterprises allowed in the Shanghai FTZ.
SAFE relaxes forex control on trade in services.
Where an overseas investor has been granted approval to invest in a financial institution in China, it may make this investment in renminbi.
The CSRC will conduct random checks of the price inquiries and roadshows of IPO issuers.
The Negative List specifies foreign investment projects that are restricted or prohibited in the Shanghai Pilot Free Trade Zone.
Where a business operator sells goods online, by television shopping, telephone sales, mail order or other such means, consumers shall have the right to return the goods, no questions asked, within seven days from the date of receipt of the goods.