WTO China Updates
The Changes
New Rules to Settle More Disputes
China's top arbitration body, the China International Economic and Trade Arbitration Commission, is revising its rules so that it can deal with disputes among Chinese firms, said Li Yong, deputy director of the commission.
Fight against Pirated Products Intensifies
The country's legendary battle against intellectual property piracy gained new momentum Thursday when the Ministry of Culture announced plans to shut down audio-video products markets across China by the end of this year.
Legislators to Vote on Patent Law
A draft amendment to China's Patent Law, debated by legislators yesterday, would tighten the rules to protect the rights of patent holders.
Chinese Lawmakers Preparing for WTO Entry
Chinese legislators have seen the urgency of making the country's law system more compliant with international rules as China is approaching its goal of entering the World Trade Organization (WTO).
Red-tape Purge for WTO
A bid to ease the process for foreign firms setting up in China has been called for to ensure the country conforms to the rules of the World Trade Organization (WTO).
Revision of Laws Gets Top Concern
State Councilor Wu Yi yesterday urged industry and commerce authorities to reform the current registration system for foreign-funded enterprises in accordance with the requirement of the World Trade Organization (WTO).
Foreign Stake in Telecom to Be raised
Taiwan is expected to raise its ceiling for direct foreign ownership in local telecom firms at the end of the year ahead of its entry into the World Trade Organization (WTO), it was reported yesterday.
Better Protection of Rights Ensured
In a move to better protect the interests of foreign professionals in Beijing, the capital has strengthened legal protection of intellectual property rights.
New Rules Stress Evidence
Beijing courts will launch a pilot program to test out new regulations on dealing with evidence-related issues in lawsuits, according to Qin Zheng'an, president of Beijing High People's Court.
Law Ensures Fair Play for Joint Venture Firms
Sino-foreign joint ventures now have new legal protections to ensure fair treatment in accordance with China's commitments to the World Trade Organization (WTO).
Government-controlled Sectors to Abide by WTO Rules
The Chinese government announced Monday its goals, tasks and policies for economic restructuring and scientific innovation for the next five years, ahead of its accession to the World Trade Organization (WTO), due before the end of the year.
Customs Beefs up Services
Customs authorities for members of the Asia-Pacific Economic Cooperation (APEC) should strengthen their cooperation in order to boost trade in APEC areas, Wu Yi, a senior Chinese official, urged Monday.
Banking Giant Sets out to Woo Foreign Partners
State-owned Bank of Communications, the mainland's fifth-largest bank, is to invite at least two foreign financial institutions to take a strategic stake to help bolster its capital base and management skills.
Insurance Watchdog Cleans up Market Order
China's insurance regulators have vowed to continue a clean-up campaign in an effort to present a healthy market to the world once China enters the World Trade Organization (WTO).
New Rules Supervise Lawyers
A local regulation for Beijing lawyers will be brought in on a trial basis to meet the challenges brought about by foreign lawyers, especially after China's entry into the World Trade Organization (WTO).
Trademark Law to Be Amended
China will finish drafting the amendments to its Trademark Law at the end of this month, said Dong Baolin, deputy director of the trademark office of the State Administration of Industry and Commerce yesterday.
Update for Securities Law
China will draft new rules and regulations to supplement the current Securities Law to maintain the healthy development of the securities market, said Li Peng, chairman of the Standing Committee of the National People's Congress (NPC).
China to Amend Securities Law
China will amend its securities law in order to meet the needs of China's entry into the World Trade Organization (WTO) and facilitate the healthy development of the securities market, Chairman of the Standing Committee of the National People's Congress (NPC) Li Peng said Saturday.
Revised Laws to Safeguard Rights
Innovators are to get extra protection from July 1 under the newly revised Patent Law which brings China more in line with international standards of protection.
Enforcement of IPR Laws to Improve
China's judicial departments have stepped up efforts to strengthen enforcement of intellectual property rights laws in a bid to bring the country closer to the requirements of the World Trade Organization (WTO).
WTO Triggers Major Overhaul of Trade Laws
China's trade-related laws are undergoing a massive overhaul in line with the rules of the World Trade Organization (WTO), legal experts yesterday said at a seminar in Hong Kong.
Tax Law to Create Level Playing Field
China is drafting a new law on corporate income tax to help unify tax rates for foreign and domestic firms, a senior government economist said yesterday.
Finance Laws Come under Scrutiny
China should concentrate on transparency in reforming its financial legal system, a group of senior officials and experts have agreed.
China Rules out Foreign Involvement in Mail Service
As stipulated by Chinese law, delivery services for letters and articles with characteristics of mails shall be performed by domestic post offices, an official of State Postal Bureau Thursday reiterated, foreign-involved services are excluded.
Patenting to Protect Technical Research
China has begun to study and research the possibility of patenting technological innovations on gene sequencing, gene technology and computer development.
China Launched Seven Regulations on Networking Administration
In order to strengthen management of China's Internet and network news disseminating, related departments implemented a total of seven regulations on network administration last year to bring China's Internet management onto a legal trail.
Law Amendment to Have Bearing on Joint Ventures
With the top legislative body of China beginning debate on an amendment to the law governing Chinese-foreign equity joint ventures last Friday, the future of China's numerous joint ventures has become a subject of wide concern at home and abroad.
Supreme Court Gets Ready for WTO Entry
China's Supreme People's Court has pledged to step up the drafting of judicial interpretations to clear way for the work of judges after China's entry into the World Trade Organization (WTO).
Amendments to Better Protect Copyright
Legislators yesterday debated draft amendments to the current Copyright Law and Trademark Law aiming to make them more compatible with World Trade Organization (WTO) requirements.
State to Woo More Foreign Experts
China will recruit more foreign personnel in the next two years as China prepares to enter the World Trade Organization (WTO) and develops its western regions.
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