Expansion of Trading Rights for FIEs: Further Steps in China's WTO Accession

As China prepares for final accession to the World Trade Organization (WTO), the PRC government has taken another step in liberalizing the trading rights of various types of foreign investment enterprises (FIEs). This welcome step comes in addition to the government's completion of amendments to the three major laws and implementing regulations governing equity joint ventures (EJVs), cooperative joint ventures (CJVs) and wholly foreign-owned enterprises (WFOEs) which eliminate provisions inconsistent with WTO regulations.

Trading Rights Expanded for FIEs