Ministry of Commerce, Supplementary Provisions for the Measures for the Administration of Foreign Investment in the Commercial Sector (2)

Promulgated: November 3 2006
Effective: December 1 2006

Main contents: Where a single Hong Kong or Macao service provider has opened an aggregate of more than 30 stores in the mainland, the goods in which they deal include books, newspapers, magazines, pharmaceutical products, pesticides, mulching films, chemical fertilizers, grains, vegetable oil, sugar, cotton, etc., and the goods are of different brands and from different suppliers, the Hong Kong or Macao service provider is permitted to hold a controlling interest of no more than 65% in such businesses (Article 1).
Related legislation: Supplement III to the«Mainland and Hong Kong Closer Economic Partnership Arrangment»  ; Measures for the Administration of Foreign Investment in the Commercial Sector, Apr 16 2004, CLP 2004 No.4 p.24 and Mainland and Hong Kong Closer Economic Partnership Arrangement, Jun 29 2003, CLP 2003 No.6 p.6