One of the more interesting aspects of China's foreign investment regime is the concept of a limited business scope. Unlike many other countries, nearly every foreign-invested commercial entity in the PRC operates within a narrowly-defined scope of activities that is expressly authorised by the entity's regulator(s).
Directing growth
A close look at China's newly-updated foreign investment catalogue reveals trends that reinforce the government's policy objectives. Numerous new additions encourage investment in seven strategic emerging industries, while the catalogue scales back on encouraging investment in lower technology and lower value-added sectors.
By
clpstaff