March. 2007

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On February 4, 2007, SBCS was invited to take part in Legal Forum on Guard against and Defuse Financial Risk held in the Grand Court of Beijing Higher People’s Court. Mr. Hai Yang, the president of SBCS won Distinguished Contribution Prize for 2006 from Beijing Economic Law Association.

A famous insurance company from South Korea is going to meet SBCS to discuss the cooperation between two companies.  

China is already among the countries that approve the patents application most quickly in the world. Currently, the average approval cycle of invention patent, utility model patent and design patent are 22 months, 9 months and 6 months respectively. And the examination cycle of review and voidance are 18 months and 13 months respectively. The approval speed of three types of patents is stable and steady. It shows by all kinds of data that the examination quality and speed on patents in China are stably improving.

The People’s Bank of China and State Environmental Protection Administration of China jointly hosted a news conference named Speed up the Construction of Credit System to Establish a Harmony Society with Environmental Protection. The theme of the news conference is to publicize the decision of the People’s Bank of China and State Environmental Protection Administration of China on putting the environmental protection information of an enterprise to the national uniform enterprise credit information database and require the commercial banks to take the information of an enterprise’s observation of environmental protection for the important evidence of approving and handling credit operations. 

It is known from Jinan branch of the People’s Bank of China that recently Shandong province has put the information such as the salary payment of an enterprise in the enterprise credit information database. Then the information on arrears of wage and non-payment of social insurance charges etc would influence the credit status of an enterprise.

Ten Notices on Life Insurance

 When an insurance salesman visits you, you have right to ask him to show his valid employment certificate issued by the insurance company that he works for.

You have right to ask the insurance salesman to honestly explain relevant contents of insurance type. Once you decide to buy insurance, please carefully read the insurance articles to ensure your rights and interests.

While filling an insurance policy, you must honestly write down relevant contents and sign it by yourself. Except children insurance, the insured shall sign his own name under the Signature of the Insured.

When you pay for the insurance, the insurance salesman must issue insurance temporary receipt and sign his name and his insurance salesman code. You can also require the salesman to take you to the insurance company to pay there.

After you bought insurance for one month and no formal insurance policy was received, please check with the insurance company. Upon receiving the insurance policy, please check on site. If any mistake or omit was found, you have right to require the insurance company to have an alteration in time.

Within a certain period after you bought insurance, you have withdrawal right. The specific information depends on the regulations of each insurance company.

If your address was changed, please notify the insurance company promptly to ensure you enjoy the continuous service.

For the economic loss that might result from return or reduction of the insurance fee, please pay attention to it when you buy insurance.

After an insurance accident happened, please refer to the relevant regulations of insurance articles and contact the insurance company or insurance salesman in time.

 If you have any question or comment during the insurance, please consult or report to relevant department of the insurance company or complain it to the insurance association.

Definition

The Transparency of Enforcement   

In accordance with Rules Issued by the Supreme People’s Court on Improving the Transparency of Enforcement Cases In the People’s Court, the transparency of enforcement refers to access to the enforcement process and procedure

The people’s court shall ensure that every stage of an enforcement case is open to the public and shall publish relevant information in accordance with law, by way of announcement, public notice or publication on a court’s website or in the news media etc. However, information related to state and trade secrets, which is prohibited to publish by law, is excluded.

The people’s court shall make public the criteria for filing an enforcement case and the procedure to commence an enforcement case. The people’s court shall, after accepting an application for compulsory enforcement, inform the parties promptly in writing of the progress on case acceptance, their rights and obligations in the enforcement procedure and the potential risks of enforcement. If an application is not accepted, the people’s court shall give a written ruling clearly stating the reasons and legal bases for the non-acceptance and serve that ruling upon the application.

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