Insurance Law

Critical illness insurance business allowed only modest profits.

Shareholders may not sell privately offered bonds to insurance companies that they control.

Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.

A single private insurance shareholder may hold a stake of more than 20%.

Foreign insurers can now enter the nation's compulsory transport accident insurance market

Establishment of regional insurance agencies put to a halt.

The amended PRC Insurance Law and the Real Estate Investment Measures were supposed to open up China's property market. Almost two years later, investments have yet to materialise

Under the PRC Social Insurance Law, effective July 2011, all foreigners had to pay in to the government's five insurance policies. Many complained about the new rules. Six months on, CLP looks at the enforcement of these measures

The Catalogue has been revised since the 2007 revision. Venture investment enterprises and intellectual property services are added to the encouraged category while the manufacture of assembled automobiles is removed from the category.