By Randall Peerenboom,
Yiwen Law Firm,
Beijing
Rationale and Prior Regulatory Framework
The PRC has long sought to direct investment according to national goals. The basic policy has been to
The New Foreign Investment Guidelines and Market Reform in China
The State Council promulgated the Guiding the Direction of Foreign Investment Provisions (the 2002 Provisions), which are effective as of April 1 2002. A closer look at these important regulations, the momentum for market liberalization in China and further legal changes governing a range of industries can be expected.
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