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capital market
Four major changes boost the reform of the foreign exchange system
The Regulations of the People Republic of China on the management of foreign exchanges (“the Regulation”) came into effect on Aug. 6, 2008, undergoing a thorough amendment that has imposed four major changes on the duties of State Administration of Foreign Exchange (SAFE) and related...
Shareholder's Equity as Capital Contribution to Other Companies
In recent years, shareholder's equity as capital contribution to other companies is considered as a new type of investment and favored by many investors. In June 2007, Administration for Industry and Commerce of Zhejiang Province announced Measures on Administration of the Registration...
The New Chinese Internal Control Rules
On June 28, 2008, the Basic Rules for Corporate Internal Control (“Rules”) were jointly issued by the Ministry of Finance, the National Audit Office, the China Securities Regulatory Commission, the China Banking Regulatory Commission and the China Insurance Regulatory Commission. The...
Four major changes boost the reform of the foreign exchange system
The Regulations of the People Republic of China on the management of foreign exchanges (“the Regulation”) came into effect on Aug. 6, 2008, undergoing a thorough amendment that has imposed four major changes on the duties of State Administration of Foreign Exchange (SAFE) and related...
Shareholder's Equity as Capital Contribution to Other Companies
In recent years, shareholder's equity as capital contribution to other companies is considered as a new type of investment and favored by many investors. In June 2007, Administration for Industry and Commerce of Zhejiang Province announced Measures on Administration of the Registration...