Provisions for the Administration of Foreign-invested Telecommunications Enterprises (Revised)
外商投资电信企业管理规定 (修訂)
The revised provisions lower the minimum registered capital of foreign-invested telecommunications enterprises that provide basic telecommunications services.
(Promulgated by the State Council on, effective as of, September 10 2008.)
Order of the State Council No.534
(国务院于二零零八年九月十日公布施行。)
Article 1: These Provisions have been formulated pursuant to relevant laws and administrative regulations on foreign investment and the PRC Telecommunications Regulations (the Telecommunications Regulations), in order to respond to the requirements of opening the telecommunications industry to foreign investment and to promote the development of the telecommunications industry.
Article 2: The term "foreign-invested telecommunications enterprises" means Sino-foreign equity joint ventures that are jointly invested in and established in the People's Republic of China by foreign investors and Chinese investors in accordance with the law and that are engaged in the provision of telecommunications services.
国务院令第534号
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