Examples of China Subsidiary in a sentence
Changes in institutional context and MNC operations in China: Subsidiary HRM practices in 1996 versus 2006.
Following completion of the Proposed Divestment, the Target Company and the China Subsidiary will cease to be subsidiaries of A-REIT.
PKF has reviewed the internal control system of the China Subsidiary, which relate to the Unresolved Issues.
In view of the Unresolved Issues, the Company has taken initiatives to restructure the Board and the senior management of the China Subsidiary with a view to enhancing the corporate governance while minimising the impact to the day-to-day operations of the China Subsidiary.
The China Subsidiary has requested and the Logistic Company has agreed to safe-keep all delivery documents relating the services provided by the Logistic Company to the China Subsidiary for a period of not less than three years.
The China Subsidiary has also implemented policy in strengthening its monthly reconciliation of delivery records with the Logistic Company.
As a result, the China Subsidiary has implemented a new policy that the information technology department of the China Subsidiary will backup the data contained in the computers before they are formatted and re-assigned to new users with a view to ensuring that data in such computers is kept before they are formatted.
The China Subsidiary is in the process of seeking appropriate replacement.
PwC also noted that while sales reported in the VAT returns of the China Subsidiary from January 2011 to December 2011 filed with the PRC tax authority amounting to approximately RMB473.3 million, the amount of the VAT invoices issued was approximately 50% of the reported sales in 2011.
Further, the management of the China Subsidiary has conducted monthly stocktake by members of staff independent from the warehouse operations and reconciled the results of the stocktake with the inventory data as set out in the IT System and the Accounting Records on a monthly basis.