The Circular details the screening of fixed asset investment projects in respect of the guiding ideology, principles, scope, content, post-screening handling, working methods and work progress.
The Circular details the screening of fixed asset investment projects in respect of the guiding ideology, principles, scope, content, post-screening handling, working methods and work progress.
The new Procedures represent China's WTO commitments to remove restrictions against wholly-owned foreign enterprises, high threshold registration requirements, introduce more permissible retail and wholesale activities, and simplifies approval process.
The revised Law encourages increased foreign trade and cross-border services and cooperation by simplifying the approval requirements to trading rights, but imposes new intellectual property licensing barriers.