Ministry of Commerce, Supplementary Provisions (III) for the Measures for the Administration of Foreign Investment in the Commercial Sector

商务部外商投资商业领域管理办法补充规定（三）

November 30, 2007 | BY

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Hong Kong and Macao investors allowed to hold a controlling interest in the commercial sector.

Clp Reference: 5400/07.11.05 Promulgated: 2007-11-05 Effective: 2007-11-05

Promulgated: November 5 2007
Effective: as of date of promulgation

Main contents: Where a Hong Kong or Macao service provider has established more than 50 shops in the mainland accumulatively, it may be the controlling shareholder with a capital contribution ratio of not more than 65% if the commodities traded include pharmaceuticals, pesticides, mulching films, chemical fertilizers, vegetable oil, sugar and cotton, and such commodities carry different brand names and are supplied by different suppliers.

Related Legislation: Supplement IV to the Mainland and Hong Kong Closer Economic Partnership Arrangement, June 29 2007; Supplement IV to the Mainland and Macao Closer Economic Partnership Arrangement, July 3 2007; and Measures for the Administration of Foreign Investment in the Commercial Sector, Apr 16 2004, CLP 2004 No.4 p.24

clp reference:5400/07.11.05promulgated:2007-11-05effective:2007-11-05

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