Law Digest

Foreign-funded commercial enterprises enjoy a tax refund on purchase of Chinese goods that are to be exported for their own account.

Procedural requirements for the establishment of certification institutes, training centers and consultancies in China.

Transmission and distribution of programmes via the cable TV network must not be interfered without authorisation.

Procedures for evaluating tenders for construction projects in Guangdong.

Terminates the use of 12 full months as the tax year for foreign investment enterprises, except for approved FIEs.

Requires the disclosure of financial and accounting reports, risk management, corporate governance and largest shareholders, changes in registered capital, and M&A.

Issued: May 28 2002Main contents: The Guidelines stipulate that the accumulative external investments (including the investment capital raised by the current…

Deals with the resumption of the issue of new shares to investors in the secondary market after technical suspension.

Preferential treatment to Chinese investors investing in Beijing.