China Amends Statute on Foreign Exploitation of Land Oil Resources

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Wednesday, October 10, 2001, updated at 21:35(GMT+8)

Business

China Amends Statute on Foreign Exploitation of Land Oil Resources

The Chinese government amended the Statute on the Exploitation of Land Oil Resources by Foreign Enterprises on September 23. The new version of the law took effect the same day.

Premier Zhu Rongji signed the State Council order No. 317 to legalize the amending of the statute.

The statute was originally issued on October 7, 1993.

Xinhua was authorized to publish the full text of the amended statute.



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	The Chinese government amended the Statute on the Exploitation of Land Oil Resources by Foreign Enterprises on September 23. The new version of the law took effect the same day.




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