The Development and Reform Commission of Tianjin Municipality, together with the Bureau of Financial Affairs, Administration of Commerce and Industry, Commission of Commerce and Bureau of Public Finance of Tianjin Municipality, jointly promulgated the Supplementary Notice to the Measures for the Administration of the Equity Investment Enterprises and Equity Investment Management Institutions in Tianjin (Jin Fa Gai Cai Jin [2012] No. 146, “Notice 146”) on March 5, 2012. Notice 146 is a supplement to the Measures for the Administration on the Equity Investment Enterprises and Equity Investment Management Institutions in Tianjin (Jin Fa Gai Cai Jin [2011] No. 675, “Notice 675”) issued by the same authorities. It is also the first local implementing rule after the promulgation by National Development and Reform Commission of the Notice on the Promotion of the Standardized Development of the Equity Investment Enterprises (Fa Gai Ban Cai Jing [2011] No. 2864, “Notice 2864”).
