FIE reform scraps approval, streamlines regulation

While China's move to a filing regime benefits most foreign-invested enterprises, other approval requirements require careful attention

9 minute read October 27, 2016 at 07:26 AM

CLP Temp

FIE reform scraps approval, streamlines regulation

Since foreign investment in PRC companies became permitted in 1979, the Ministry of Commerce (MOFCOM) and its predecessors were the frontline regulators in approving the establishment of foreign-invested enterprises (FIEs).

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