BAC Newsletter Issue 21
 
 
   
   
   
   
   
BAC News
Information
Comment
Focus
New Laws
 
 
New Laws
 
   
 
  1. Decision of the Standing Committee of the National People's Congress on Amending the "Construction Law of the People's Republic of China”, adopted at the 20th Session of the Standing Committee of the 11th National People’s Congress of the People’s Republic of China on April 22, 2011, is hereby promulgated, and shall come into force on July 1, 2011. (Amended content: Article 48 is amended as: “the construction enterprises shall duly buy the work-related injury insurance for the employees and enterprises are encouraged to buy accident insurance for the people engaged in dangerous works and pay the premium.”)
    http://www.npc.gov.cn/npc/xinwen/2011-04/23/content_1653571.htm
  1. Some Provisions of the Supreme People's Court on Procedures for Judicial Confirmation of People’s Mediation Agreements, adopted at the 1515th meeting of the Judicial Committee of the Supreme People’s Court on March 21, 2011, is hereby promulgated, and shall come into force on March 30, 2011.)
    http://rmfyb.chinacourt.org/paper/html/2011-03/30/content_25094.htm
  1. Decision of the State Council on Amending the Regulation on the Administration of Publication, as adopted at the 147th executive meeting of the State Council on March 16, 2011, is hereby issued and shall come into force on the date of issuance.
    http://www.gov.cn/zwgk/2011-03/19/content_1827821.htm
  2. Decision of the State Council on Amending the Regulation on the Administration of Audio and Video Products, as adopted at the 147th executive meeting of the State Council on March 16, 2011, is hereby issued and shall come into force on the date of issuance.
    http://www.gov.cn/zwgk/2011-03/19/content_1827838.htm
  1. Notice of the Ministry of Commerce on the Use and Administration of National Uniform Pawn Tickets (No. 49[2011] of Ministry of Commerce) on March 4, 2011. http://www.mofcom.gov.cn/aarticle/h/redht/201103/20110307439107.html
  2. Notice of the State Administration of Foreign Exchange on Relevant Issues concerning further Strengthening the Administration of Foreign Exchange Business (No.11 [2011] of the State Administration of Foreign Exchange) on March 18,2011.
    http://www.safe.gov.cn/model_safe/laws/law_detail.jsp?ID=80100000000000000,67&id=4
  3. Measures on the Futures Investment Consultation Business of Futures Companies (for Trial Implementation), adopted at the 289th chairman office meeting of China Securities Regulatory Commission (CSRC) on December 23, 2010, is hereby promulgated, and shall come into force on May 1, 2011.
    http://www.csrc.gov.cn/pub/zjhpublic/G00306201/201104/t20110401_193964.htm
  4. Provisions on the Administration of the Publications Market, adopted at the first executive meeting of the General Administration of Press and Publication and Ministry of Commerce on March 17, 2011, is hereby issued and shall come into force on the date of issuance.
    http://www.gapp.gov.cn/cms/html/21/508/201103/714250.html
  5. Notice on the Adjustment of Deposit Rate and Lending Rate on Housing Reserve Fund (No. 44 [2011] of Ministry of Construction) on April 06, 2011.
    http://www.mohurd.gov.cn/zcfg/jswj/zfbz/201104/t20110406_203082.htm
  6. The People’s Bank of China decided to raise the benchmark interest rate for both deposits and loans of financial institutions from April 6, 2011. The one-year maturity benchmark interest rate for both deposits and loans in financial institutions has been raised by 25 basis points and other benchmark interest rates for both deposits and loans and the interest rate of personal housing accumulation fund loans shall also be adjusted accordingly.
    http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2011/20110405180040106926959/
    20110405180040106926959_.html

 

 
 
 
 
18