To divide administration of projects using renewable energy resources to generate electricity between central and local levels, the NDRC shall be responsible for planning of nationwide projects, policy formulation and administration of state-approval projects.
This Guidelines stipulate the risk management requirements for commercial banks in expanding their businesses in the area of personal financial management advisory services, comprehensive financial management services and personal financial management business products.
With regard to tax agreements entered into by China with foreign states, the term 'permanent establishment' shall be deemed not to include the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any activity of a preparatory or auxiliary character.
A relief in the restriction of the types of financial products offered by commercial banks broadens and diversifies the personal wealth management services they offer.
The Provisions amend and regulate previous laws on capital contribution in cash and in kind, the minimum registered capital amount, the first capital contributions amount, and other relevant matters.
The Measure regulates banking services provided through internet, telephone, handset, self-service banks and ATM. The banking institution must establish corresponding mechanism for the search, monitoring and processing of false data.