By Shelly Zhang*, Jones Day, Tokyo
Coupled with the remarkable growth of foreign investment into China,1 and the parallel growth of the country's economy,2 has been the steady rise in technology imports over the last two decades.
China's System for the Administration of Technology Import Contracts: Recent Developments
As PRC manufacturers move further up the value-chain they are importing more and more technology from abroad. Technology import contracts figure highly among the formalities that many foreign investors must endure. Understanding and long-term alignment with China's development goals is thus crucial.
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