The Procedures regulate the process whereby the National Development and Reform Commission reviews and approves foreign investment projects pursuant to a new project 'confirmation system'.
The Procedures regulates fund offering, purchase and redemption of fund shares, fund Investments and earnings distribution, and fund shareholders' general meeting.
The framework for the second round of the Mainland-Hong Kong Closer Economic Partnership Arrangement was concluded in August. Now, the two sides have signed the "Legal Text", which has three annexes.
Regulate the procedures whereby the National Development and Reform Commission reviews and approves foreign investment projects pursuant to a new project 'confirmation system'.
Regulatory changes that have made it easier to set up new foreign investments, but new rules have displayed an ambiguity over the respective roles of issuing authorities that may confound foreign investors.
Promulgated: July 15 2004Applicability: The Provisions apply to all types of enterprises and institutions in the municipality in possession of state-owned…
Promulgated: October 9 2004Effective: November 15 2004Applicability: For the purposes of the Procedures, "senior management personnel of securities companies"…