Tianjin Municipality, Verification of Enterprise Investment Projects Tentative Administrative Procedures

Promulgated: November 3 2004
Effective: as of date of promulgation
Applicability: The Procedures apply to fixed asset investment projects listed in the Investment Projects Subject to Government Verification Catalogue of domestically invested enterprises within the administrative jurisdiction of the municipality (Article 2).
"Enterprise fixed asset investment projects" refers to projects established by citizens, legal persons and other organizations, without using any government funds.
"Government funds" refers to construction funds within the finance budget as well as special funds and surcharges that are incorporated in the budgetary management; loans and donations by international financial organizations and foreign governments; government financing and treasury bond construction funds; proceeds derived from the transfer, sale or auction of state-owned assets and operating rights by the government; other finance-type funds such as leasehold granting fees; and other construction funds under government management (Article 3).
In case of any conflict between the stipulations concerning the administration of examination and approval of enterprise fixed asset investment projects previously issued by the municipal government and governments of various districts and counties and the Procedures, the Procedures shall prevail (Article 26).

Main contents: For enterprise investment projects under the verification system, examination and approval of project proposals, feasibility study reports, preliminary design, working drawings and delegated instructive investment plans shall no longer be required (Article 4). Part Two concerns limits of authority, Part Three project application report, verification requirements and validity, and Part Four verification procedures and time limits.
Related legislation: PRC Administrative Licensing Law and Reform of the Investment System Decision, Jul 16 2004, CLP 2004 No. 8 p6