After the promulgation of the Provisions for the Granting of State-owned Construction Leaseholds by way of an Invitation of Bids, Auction or Listing on a Land Exchange in April 2002, the current Provisions seek to impose regulations on the increasingly popular construction leasehold granting through bidding, auction or listing.
The amendment has boosted right and protection of criminal lawyers, and allows lawyers who have been practising for five years to establish individual law firms.
The Circular provides guidelines to reinsurance contracts and retrocession contracts whose term commences on or after January 1 2008 as to risk management mechanism, financial strength ratings, paid-in monetary capital, solvency and trading history requirements for the selection of a reinsurance cedent.
The new guidance catalogue has re-defined industries into those that are encouraged, restricted or prohibited for foreign investment.
The Provisions aim to standardize and enforce stricter regulation on food labelling, and to prevent quality fraud.
The Measures unify foreign exchange procedures for payment of goods or services in bonded zones, export processing zones, bonded logistics parks, bonded port zones, comprehensive bonded zones, cross-border industrial parks and other such specific zones over which customs affects closed regulations.
The Guidelines targets four major improvements on the financial structure of the banking industry: financial services, loan models, risk management, and inter-bank cooperation.
These Guidelines aim to help insurance companies cope with compliance risks through specialized corporate governance stipulations.
This law governs the offering of corporate bonds in the People's Republic of China. Trusts are introduced for offering of corporate bonds.
China's first anti-monopoly law. This law aims to ensure fair market competition and to prevent and halt monopolistic acts.