Foreign Direct Investment

The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…

New rules currently under review by the State Council on large-scale shopping outlets could impede expansion plans by foreign retailers such as Wal-Mart…

Promulgated: March 31 2006Effective: as of date of promulgationInterpreting authorities: Ministry of Commerce in conjunction with Ministry of Finance,…

Issued: April 20 2006Effective: March 31 2006Applicability: In the event of a discrepancy between this Circular and the Circular on Issues Relevant to…

Issued: May 10 2006Applicability: In the event of a conflict between this Circular and past provisions, this Circular shall prevail (Article 4).Main contents:…

The scope of enterprises eligible for tax refunds on the purchase of domestically-manufactured equipment includes foreign-invested enterprises that are ordinary payers of value-added tax or engage in transport business or the development of ordinary housing.

In order to further open up the logistics sector to foreign investment in pilot projects, the term 'foreign-invested logistics enterprises' has been expanded and foreign investors may now apply to establish foreign-invested logistics enterprises and engage in one or more types of logistics business.

Promulgated: December 31 2005Main contents: Under the premise of adequate capital guarantee, stringent financial supervision and the establishment of a…

New PRC legislation encourages and supports a broad range of renewable energy and related products and activities, in pursuit of energy supply diversity and security, environmental protection and sustainable development. Promotion of domestic manufacturing may leave foreign equipment exporters out in the cold, while foreign investors and technology providers stand to benefit from incentives and an expanding market.