Full Text Translation

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

Increased disclosure requirements in prospectuses issued by foreign invested companies limited by shares.

Foreign satellite TV channels may be broadcasted in designated venues receiving persons from abroad with state approval.

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

These procedures aim to help to protect against copyright infringement in computer software.

The regulations kick-start market liberalization in China and further legal changes governing a range of industries.

The new catalogue has made radical changes to the different categories into which all foreign investment is classified.

A detailed explanation of the importance of the new rules governing financial services in China.

(Promulgated by the State Council on December 22 2001 and effective as of January 1 2002.)PART ONE: GENERAL PROVISIONSArticle 1: These Regulations are…