Personal Domain Name Registration Banned
Dec. 15 – The China Internet Network Information Center (CNNIC) has banned the registration of internet domain names for personal use unless it is for licensed businesses or state-approved organizations effective immediately. CNNIC regulations requires that those wanting to register a .CN domain name must personally submit an application form with the company seal, a […]
New Regulations Released on Travel Industry Ads
Dec. 14 – The Shanghai Tourism Bureau has released new regulations concerning the advertising activities of travel agencies. The regulations state that travel agencies will be barred from publishing tourism advertisements that go beyond the approved scope of the industry. Moreover, prices quoted in the advertisements shall be the total amount collected by travel agencies, […]
State Council Issues Guidelines for Establishing Foreign-Invested Partnerships
By Richard Hoffmann Dec. 11 – China’s State Council has finally issued its long awaited guidelines on foreign-invested partnerships, under State Council Order (2009) No. 567. The measures, which also apply to companies and individuals from Hong Kong, Macau and Taiwan, permit foreign companies or individuals to establish FIPs in China either by themselves, or […]
International Business Groups Urge China to Cancel Procurement Policy
Dec. 11 – The heads of 34 international business groups have sent a letter to Chinese authorities urging them not to push through with plans to implement an Indigenous Innovation Product Accreditation system for high-tech equipment sold to government agencies. If the regulation is implemented, only companies included in the national catalog of products will […]
Verifying Chinese Registered Capital Amounts
Part 2 in our series: Understanding Chinese Limited Companies By Richard Hoffmann Dec. 9 – As mentioned yesterday in an article on Chinese company business licenses, all businesses in China are required to demonstrate their registered capital amounts on their business license. While this is strictly monitored for foreign investors, the Chinese authorities are somewhat […]
Examining a Chinese Company Business License
By Richard Hoffmann Dec. 8 – Due diligence when conducting business in China should always be a prerequisite, and this is the case whether or not you are considering purchasing or selling to a Chinese company, or a more formal arrangement such as a joint venture. A Chinese company business license can provide a great […]
Chongqing Releases First Food and Entertainment Service Standards
Dec. 7 – The Chongqing municipal quality supervision department has released the country’s first food and entertainment service standards for local food service providers. The Chongqing Nanbin Road Food Service Standard enumerates 21 criteria under 10 categories including the basis for service, service quality, service safety, and service management. According to the new standards, the […]
Major Bottling Company Demands Apology for False Arsenic Claims
Dec. 7 – Major bottling company, Nongfu Spring, is demanding an apology from the industry and commerce bureau of Haikou, Hainan Province for a claim that falsely charged its products of having high levels of arsenic. The bureau made the claims on November 24 with orders to remove products from shelves immediately only withdraw it […]