Legislation

Partnership enterprises required to specify "general partnership", "special general partnership" or "limited partnership" in their names.

Shares of listed companies held by state-owned shareholders transferred according to the market price.

New measures to open up the lease financing sector to foreign investment

First provisions on the acquisition of shares of listed companies by state-owned entities.

Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.

Financial institutions required to check customer identity to prevent money laundering.

Time limits for depreciation of telecommunications equipment adjusted.

The China Bank Regulatory Commission is reviewing applications by five commercial banks to establish finance leasing companies. How will this new business vehicle impact the Chinese finance leasing landscape?

The Rules, tightening tort liability for accounting firms in conducting audits, are a crucial step towards preventing accounting firms from liability evasion in civil tort cases and building investors' confidence.