Wen Jie and Richard Wageman discuss the development of the exponentially growing franchising market in China, against which the most recently promulgated franchising legislation is interpreted.
In its eleventh five-year plan for the development of foreign trade, Guangzhou made a commitment to encourage foreign investors to set up headquarters and regional headquarters in its municipal area.
In order to be recognized as a headquarters or regional headquarters, the institution must satisfy four conditions. Many incentives are provided to foreign investors for establishing headquarters or regional headquarters.
In its eleventh five-year plan for the development of foreign trade, Guangzhou made a commitment to encourage foreign investors to set up headquarters and regional headquarters in its municipal area.