On July 20 2002, the Shanghai municipal government issued the Encouraging the Establishment of Regional Headquarters by Foreign Multinational Corporations Tentative Provisions (the Tentative Provisions) to make itself attractive as a centre for international business, but how inviting are the provisions in the new law?

Jones, Day, Reavis & PogueMainland China's stock markets, recently achieved a combined market capitalization of Rmb4.352 trillion (US$526 billion),…

Promulgated: June 27 2002Effective: July 1 2002Main contents: The Decision raises the deed tax rate to 3%. clp reference:3200/02.06.27/BJpromulgated:2002-06-27effective:2002-07-01

Issued: July 23 2002Effective: as of date of issueMain contents: The Provisions aim to relax registration policies, streamline registration procedures…

Baker & McKenzieAfter considerable speculation on the possible break-up of China Telecommunications Corporation's (China Telecom) monopoly on fixed…

Issued: June 21 2002Effective: July 1 2002Main contents: The Circular raises the hourly minimum wage of the municipality from Rmb2.6 to Rmb2.78 and the…

Definition for a "representative office providing PRC legal services", and the forbidden activities for such office.

Issued: July 17 2002Main contents: The Circular clarifies that where a foreign-invested enterprise, in accordance with a resolution of its board of directors,…

A circular on the establishment and operation of foreign-invested logistics enterprises in China iussed by the Ministry of Foreign Trade and Economic Cooperation (MOFTEC).