Full Text Translation

The revised Measures relax the disclosure requirements of shareholders with 50% or more of the outstanding shares of a listed company.

Implementing Regulations finally come out after the promulgation of the PRC Law on the Invitation for and Submission of Bids in 1999, preventing the restriction or preclusion of potential bidders.

NDRC issues the first nationwide circular on private equity investment enterprises regulating the establishment of equity investment enterprises and limitation on the number of investors.

Enterprises required to fund and staff an employment dispute mediation committee.

Pre-tax allocation of loan loss reserves for lease financing receivables allowed for financial enterprises.

Record filing may be done locally for franchises that operate in more than one province.

Mofcom sets out measures to curb unreported concentrations of business operators.

Companies may simultaneously carry out de-registration, establishment registration or amendment of registration for a merger or division.

Lawful renminbi income may be used directly for domestic investment.