Archive for May, 2007

New MOFCOM Rule on Curbing Unscrupulously Low Export Prices

The Ministry of Commerce (MOFCOM) is soliciting public opinion on a set of revised draft rules on investigating and punishing acts of exporting at unscrupulously low prices. MOFCOM aims to finalise the draft revisions based on public feedback and announce the revised rules by the end of June 2006.
The draft stipulates that any individual, legal [...]

Measures on Food Safety Supervision Responsibility and Accountability

To further strengthen the supervision of food safety within the distribution process and protect consumers’ interests on the food market, the State Administration for Industry and Commerce earlier issued the Measures on the Responsibility and Accountability for Supervising Food Safety in Commercial Distribution Channels (Trial Implementation) based on the State Council’s requirements and the current [...]

Measures for Administration of Lawyers’ Service Charges to Take Effect December 2006

The National Development and Reform Commission and the Ministry of Justice recently promulgated the Measures for the Administration of Lawyers’ Service Charges, which will take effect on 1 December 2006.
The new measures lay down strict standards for the fee-charging services and charging procedures. The rules also stipulate that law firms can only charge for legal [...]

Individually-Owned Businesses May Now Register Locally

The State Administration for Industry and Commerce issued a set of opinions on the administration of decentralising the registration of individually-owned businesses in April this year, allowing individually-owned businesses to register at the local industry and commerce administration offices from now on.
According to the opinions, industry and commerce administration bureaus at city level may designate [...]

China Soon to Allow Limited Liability Partnerships

China is currently reviewing the draft of the revised Partnership Enterprise Law, marking the first round of revisions since the law was promulgated in 1997 and covering new rules on doing business in China in the form of partnership. Currently, Hong Kong companies are prohibited from establishing independently-run operations and must team up with mainland [...]

China Bans Offices of Foreign Firms from Business Activities

Many foreign firms (including those from Hong Kong) have offices on the mainland, but very often they are engaging in activities beyond their scope of operation and are actually involved in other lines of business. To address this problem, the Chinese government has just issued a set of implementation opinions banning unauthorised business activities by [...]

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