Ministry of Transport, Circular on Strengthening the Examination, Approval and Administration of Wholly Foreign-owned Shipping Companies

交通运输部关于加强外商独资船务公司审批管理工作的通知

November 08, 2011 | BY

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Foreign shipping firms allowed to set up WFOEs in China.

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Issued: August 15 2011

Main contents: The Circular relaxed the criteria for market entry and business scope of wholly foreign-owned shipping companies (WFOSCs). Foreign shipping companies may now directly invest