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CIRCULAR OF THE MINISTRY OF FINANCE AND PEOPLE’S BANK OF CHINA CONCERNING CONFIRMING THE QUALIFICATIONS OF THE MEMBERS OF THE CERTIFICATE GOVERNMENT BOND UNDERWRITING SYNDICATES






Circular of the Ministry of Finance and People’s Bank of China concerning Confirming the Qualifications of the Members of the Certificate
Government Bond Underwriting Syndicates

Cai Ku [2006] No. 83
September 23, 2006

The departments (bureaus) of public finance each province, autonomous region, municipality directly under the Central Government,
as well as city specifically designated in the state plan, Shanghai Headquarters, each branch and business department of the People’s
Bank of China, central sub-branch of the People’s Bank of China in provincial capital cities, central sub-branch of the People’s
Bank of China in deputy provincial cities, each commercial bank, China Postal Savings and Remittance Bureau,

In order to regulate the issuance of government bonds and promote the sound development of the government bond market, the task of
establishing certificate government bond underwriting syndicates has been accomplished according to the Measures for the Examination
and Approval of the Qualifications of the Members of Government Bond Underwriting Syndicates (Decree No. 39 of the Ministry of Finance,
People’s Bank of China and China Securities Regulatory Commission) and the Circular of the Ministry of Finance, People’s Bank of
China and China Securities Regulatory Commission on the Establishment of Certificate Government Bond Underwriting Syndicates (Cai
Ku [2006] No. 60).

By August 11, 49 institutions have submitted application materials in total, all of which satisfied the basic application conditions
and were accepted. The establishment of a certificate government bond underwriting syndicate shall abide by the principle of openness,
fairness and impartiality and take in some new members from the new applicant institutions on the basis of overall stability of the
original members. The number of members may not be more than 40. On the basis of consulting the opinions of the China Banking Regulatory
Commission, the Ministry of Finance, in collaboration with the Peoples’ Bank of China decided an establishment plan as follows:

1.

The qualifications of the 37 institutional members, which still satisfy the qualifications for the members of certificate government
bond underwriting syndicates in 2004 shall be kept.

2.

The rural credit cooperatives will not be taken into any of the certificate government bond underwriting syndicates, by the virtue
of the fact that they are being restructured towards rural commercial banks and their internal management needs to be further improved.

3.

New applicant institutions, which have no less than 100 business departments (in accordance with the figure checked by the Ministry
of Finance) and of which the net assets have reached no less than 1 billion Yuan by the end of 2005, shall be included. Under this
requirement, 3 applicant institutions are taken into this underwriting syndicate.

Subject to the aforesaid principles, the Name List of the Members of Certificate Government Bond Underwriting Syndicates (attached)
has been decided. It is hereby released.

Appendix: Name List of Members of Certificate Government Bond Underwriting Syndicates



Appendix

￿￿

Appendix:

Name List of Members of Certificate Government Bond Underwriting Syndicate

￿￿

Sequential No.

Code

Institution Name

Sequential No.

Code

Institution Name

1

1001

Industrial and Commercial Bank of China Limited

21

1025

Jinan Commercial Bank

2

1002

Agriculture Bank of China

22

1026

Qingdao Commercial Bank

3

1003

Bank of China Co., Ltd.

23

1028

Chengdu Commercial Bank

4

1004

China Construction Bank Corporation

24

1030

Xi￿￿an Commercial Bank

5

1005

Bank of Communications Co., Ltd.

25

1034

Kunming Commercial Bank

6

1006

China Citic Bank

26

1035

Harbin Commercial Bank

7

1007

China Everbright Bank

27

1037

Ningbo Commercial Bank

8

1009

Hua Xia Bank Co.,Ltd.

28

1041

Huishang Bank

9

1010

Shanghai Pudong Development Bank

29

1054

Nantong Commercial Bank

10

1011

Industrial Bank Co., Ltd.

30

1055

Changsha Commercial Bank

11

1012

China Merchants Bank Co., Ltd.

31

1059

Nanchang Commercial Bank

12

1013

Shenzhen Development Bank

32

1062

Wuxi Commercial Bank Ltd.

13

1014

China Minsheng Banking Corp., Ltd.

33

1063

Wuhan Commercial Bank

14

1015

Beijing Bank

34

1075

Dalian Commercial Bank

15

1016

Shanghai Bank

35

1084

Urumchi Commercial Bank

16

1017

Nanjing Commercial Bank

36

1100

Evergrowing Bank

17

1020

Guangdong Development Bank Co., Ltd.

37

1102

Taiyuan Commercial Bank

18

1021

Tianjing Commercial Bank

38

5008

China Postal Savings and Remittance Bureau

19

1022

Shijiazhuang Commercial Bank

39

5011

Beijing Rural Commercial Bank

20

1023

Hangzhou Commercial Bank Co., Ltd.

40

5014

Shanghai Rural Commercial Bank


CATALOGUE OF PRIORITY INDUSTRIES FOR FOREIGN INVESTMENT IN LIAONING PROVINCE

Decree No. 47, 2006 of the National Development and Reform Commission and the Ministry of Commerce, Catalogue of Priority Industries
for Foreign Investment in Liaoning Province

No. 47

The Catalogue of Priority Industries for Foreign Investment in Liaoning Province has been approved by the State Council. As part of
the Catalogue of Priority Industries for Foreign Investment in the Central-Western Region, it is hereby promulgated and shall go
into effect as of the promulgation day.

In accordance with the Opinions of the General Office of the State Council on Promoting the Opening-up of the Old Industrial Base
in Northeast China (Guo Ban Fa [2005] No. 36), Liaoning Province is added into the Catalogue of Priority Industries for Foreign Investment
in the Central-Western Region. All foreign-funded projects falling within the present Catalogue may enjoy the preferential policies
for foreign-funded projects under the encouraged category. All foreign-funded projects under construction in line with the provisions
of the present Category could be implemented in light of the related policies herein.

Ma Kai, Director of the National Development and Reform Commission

Bo Xilai, Minister of the Ministry of Commerce

September 25, 2006

Catalogue of Priority Industries for Foreign Investment in Liaoning Province

1.

Development and production of the seeds (seedlings) of grain, oil plants, vegetables and fruits (excluding transgenic seeds) (China
party holding);

2.

Feeding and product deep- processing of meat chickens, live pigs, beef cattle, meat sheep, cows, deer and cashmere goats;

3.

Follow-up industrial development of state key ecological projects including the project of restoring farmland to forest or pasture;

4.

Processing and comprehensive utilization of oil shale, magnesium, zircon, etc. (China party relatively holding);

5.

Spinning, knitting and garment processing of high-grade cotton, fir, hemp, silk (tussah silk) and chemical fiber;

6.

Deep processing of natural medicine, raw material medicine, and traditional Chinese medicine, and production of their derivatives
(not including raw material production of vitamin C and penicillin, and all items under the prohibited category of the Catalogue
of Industries for Guiding Foreign Investment);

7.

Production of new type dry processing cement by using cement clinker with a daily production capacity of over 4, 000 tons;

8.

Production of such products as methanol with coal as raw materials by using large-size equipments and techniques (over 0.6 million
tons per year);

9.

Production of million-ton ethylene and its downstream deep-processing products;

10.

Radial tire production;

11.

Manufacture of metal packing, automatic & three-dimensional storage and logistic warehousing equipments;

12.

Manufacture of automobile spare parts and accessories;

13.

Manufacture of vessel diesel engine, auxiliary engine, accessories and spare parts;

14.

Development and production of digital medical fixtures and key components;

15.

Deep-processing of copper plate and strip with high precision;

16.

Manufacture of steel lines and ultra-thin steel ropes;

17.

Medical institutions, upon approval, allow foreign- controlled;

18.

Construction and operation of urban centralized supply of heat, gas and drainpipe network, upon approval, allow foreign-controlled;

19.

Development and protection of scenic spots, and construction and operation of supporting facilities thereof;

20.

Projects of deep-processing and continuous industry in resource-exhausted cities, upon approval, may enjoy the policies for the encouraged
category.

 
The National Development and Reform Commission, the Ministry of Commerce
2006-09-25

 




CIRCULAR OF THE MINISTRY OF FINANCE, PEOPLE’S BANK OF CHINA, AND CHINA SECURITIES REGULATORY COMMISSION CONCERNING THE CONFIRMATION OF THE QUALIFICATIONS OF THE MEMBERS OF THE BOOK-ENTRY T-BOND UNDERWRITING SYNDICATES

Circular of the Ministry of Finance, People’s Bank of China, and China Securities Regulatory Commission concerning the Confirmation
of the Qualifications of the Members of the Book-entry T-Bond Underwriting Syndicates

Cai Ku [2006] No. 84
September 29, 2006

The National Council for Social Security Funds, China Postal Savings and Remittance Bureau, each commercial bank, securities company
and insurance company:

In order to regulate the issuance of T-bonds and promote the sound development of the T-bond market, the task of forming book-entry
T-bond underwriting syndicates has been completed in line with the Measures for the Examination and Approval of the Qualifications
of the Members of the T-Bond Underwriting Syndicates ( No. 39 of the Ministry of Finance, People’s Bank of China and China Securities
Regulatory Commission) and the Circular of the Ministry of Finance, People’s Bank of China and China Securities Regulatory Commission
on Establishing the Book-entry T-Bond Underwriting Syndicates (Cai Ku [2006] No. 61).

By August 11, 74 institutions in total have submitted application materials, all of which satisfied the basic application requirements
and been accepted. The book-entry T-bond underwriting syndicate should be established in line with the principle of openness, fairness
and impartiality and the survival of the fittest based on keeping overall stability of the members. There may not be more than 60
members, of which the Class A members may not more than 20. Upon the consultation of the China Banking Regulatory Commission and
China Insurance Regulatory Commission, jointly with the Peoples’ Bank of China and China Securities Regulatory Commission, the Ministry
of Finance determined the following establishment plan:

1.

You may not take the applicant institutions into consideration which were members of the book-entry T-bond syndicate for the year
of 2004 and of which the underwriting volume of T-bond for the whole year of 2005 is less than 1 billion Yuan.. According to this
requirement, 5 members of the original book-entry T-bond underwriting syndicate are not members of this underwriting syndicate any
more.

2.

New applicant institutions, of which the underwriting volume of T-bonds for the whole year of 2005 (in accordance with the figure
verified by the Ministry of Finance) is more than 4 billion Yuan, should be included. According to this requirement, 6 new applicant
institutions are accepted as members of this underwriting syndicate.

3.

In case of the new applicant foreign-funded banks, because the Regulation on the Administration of Foreign-funded Financial Institutions
is being amended, no new foreign-funded bank is accepted as the member of this T-bond underwriting syndicate.

4.

The examination of the qualifications of Class A members is on the condition that the member should rank among the top 25 in the comprehensive
evaluation of the book-entry bond business in 2005. Other applicants applying for the qualifications of Class A members are regarded
as applicants for qualifications of Class B members.

It is hereby announced that, according to the aforesaid establishment plan, the Name List of the Members of the Book-entry T-Bond
Underwriting Syndicate (attached) was determined, and it is hereby promulgated.

Appendix: Name List of Members of the Book-entry T-Bond Underwriting Syndicate

The Ministry of Finance

The People’s Bank of China

The China Securities Regulatory Commission

September 29, 2006




Appendix

￿￿

Appendix: 


Name List of Members of the Book-entry T-Bond Underwriting Syndicate

￿￿

Sequential No.

Code

Institution Name

Sequential No.

Code

Institution Name

Members of Class A

 

 

 

 

 

1

1001

Industrial and Commercial Bank of China Company Limited

31

1055

Changsha Commercial
Bank

2

1002

Agriculture Bank of
China

32

1062

Wuxi Commercial Bank
Ltd.

3

1003

Bank of China Co., Ltd.

33

1092

Zibo Commercial Bank

4

1004

China Construction
Bank Corporation

34

1095

Luoyang Commercial
Bank

5

1005

Bank of Communications Co.,
Ltd.

35

1106

Dongguan Commercial
Bank

6

1006

China Citic Bank

36

1107

Ningbo Yinzhou Rural Cooperative
Bank

7

1009

Hua Xia Bank Co.,
Ltd.

37

1108

Shanghai Branch of Hong Kong and Shanghai Banking
Corporation Limited

8

1014

China Minsheng Banking Corp., Ltd.

38

1109

China Zheshang Bank
Co., Ltd.

9

1015

Beijing Bank

39

2001

China Citic Jiantou Securities
Co., Ltd.

10

1016

Shanghai Bank

40

2005

Haitong Securities Co., Ltd.

11

1017

Nanjing Commercial
Bank

41

2006

Shanghai Securities
Co., Ltd.

12

2000

China Galaxy Securities Co., Ltd.

42

2009

Guangfa
Securities Co., Ltd.

13

2003

Guotai Junan Securities Co., Ltd.

43

2012

Shenyin & Wanguo Securities Co., Ltd.

14

2047

Citic Securities Co.,
Ltd.

44

2017

Bohai Securities Co.,
Ltd.

15

2072

BOC International (China) Limited

45

2021

Changjiang Securities Co.,
Ltd.

16

2078

Guohai Securities Co.,
Ltd.

46

2024

Huaxi Securities Co.,
Ltd.

17

4001

China Life Insurance
(Group) Company

47

2041

Ping An Securities
Co., Ltd.

Members of Class B

48

2048

Everbright Securities Co., Ltd.

18

1007

China Everbright Bank

49

2049

Guosenxin Securities Co., Ltd.

19

1010

Shanghai Pudong
Development Bank

50

2050

China Merchants
Securities Co., Ltd.

20

1011

Industrial Bank Co., Ltd.

51

2057

Orient Securities Company Limited

21

1012

China Merchants Bank Co., Ltd.

52

2059

China International Capital Corporation Limited.

22

1013

Shengzhen Development
Bank

53

4003

Huatai Property
Insurance Co., Ltd.

23

1020

Guangdong Development
Bank Co., Ltd.

54

4004

PICC Holdings Company

24

1021

Tianjin Commercial
Bank

55

4005

China Ping An Life
Insurance Co., Ltd.

25

1022

Shijiazhuang
Commercial Bank

56

5003

Changshu Rural
Commercial Bank

26

1023

Hangzhou Commercial
Bank Co., Ltd.

57

5011

Beijing Rural
Commercial Bank

27

1030

Xi’an Commercial Bank

58

5014

Shanghai Rural
Commercial Bank

28

1034

Kunming Commercial
Bank

Special Members

29

1037

Ningbo Commercial
Bank

59

5008

China Postal Savings and Remittance Bureau

30

1041

Huishang Bank

60

6036

National Council for Social Security Funds




CONSTITUTION ACT, 1982 – page 22

NOTES (1) The enacting clause was repealed by the Statute Law Revision Act, 1893, 56-57 Vict., c. 14 (U.K.). It read as...