The Chinese goods distribution market has been open to foreign investment since 1992, when foreign investors were permitted to invest in a few pilot distribution businesses in six large cities (Beijing, Shanghai, Tianjin, Guangzhou, Dalian and Qingdao) and five special economic zones (Shenzhen, Zhuhai, Xiamen, Shantou and Hainan) and hold minority shares in their ventures with Chinese partners in accordance with an State Council, Foreign Investment in Retailing Provisions (the 1992 Official Reply).
Investing in a Distribution Channel: Current Legal Framework and Implications after WTO
With China's WTO accession and the corresponding relaxation of restrictions on distribution services, foreign investors will have a greater opportunity to expand their businesses.
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