OBS_VALUE: <ul><li><a href=https://www.ndrc.gov.cn/fggz/lywzjw/wstz/201912/t20191225_1216160.html target=_blank>Notice by the General Office of the China Banking and Insurance Regulatory Commission of the Point in Time of Explicitly Lifting Restrictions on Foreign Ownership Ratio in Joint-venture Life Insurance Companies (2019) No.230(中国银保监会办公厅关于明确取消合资寿险公司外资股比限制时点的通知 银保监办发〔2019〕230号 adopted 6 December 2019 and in force 1 January 2020)</a></li><li><a href=https://www.gov.cn/gongbao/content/2021/content_5605110.htm target=_blank>Detailed Rules for Implementation of Regulations of the People’s Republic of China on Administration of Foreign-funded Insurance Companies(中华人民共和国外资保险公司管理条例实施细则  adopted 13 May 2004 and in force 15 June 2004, last updated and in force 10 March 2021, Article 3)</a></li><li><a href=http://www.gov.cn/zhengce/zhengceku/2021-12/28/content_5664886.htm target=_blank>Special Administrative Measures for Access of Foreign Investment (Negative List) (2021 Edition)(外商投资准入特别管理措施（负面清单）（2021年版）adopted on 27 December 2021, came into force on 1 January 2022)</a></li></ul>