State Council, Provisions for the Administration of Foreign-invested Telecommunications Enterprises (Revised)

国务院外商投资电信企业管理规定 (修订)

October 15, 2008 | BY

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Basic telecommunications services further opened to foreign investors.

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Promulgated: September 10 2008
Effective: As of date of promulgation

Main Contents: The minimum registered capital of a foreign-invested telecommunications enterprise that provides basic telecommunications services nationwide or beyond a single province, autonomous region or municipality directly under the central government is lowered to Rmb1 billion and that of a foreign-invested telecommunications enterprise that provides basic telecommunications services within a province, autonomous region or municipality directly under the central government is lowered to Rmb100 million (Article 5).