FIE reform scraps approval, streamlines regulation
October 27, 2016 | BY
CLP TempWhile China's move to a filing regime benefits most foreign-invested enterprises, other approval requirements require careful attention
Since foreign investment in PRC companies became permitted in 1979, the Ministry of Commerce (MOFCOM) and its predecessors were the frontline regulators in approving the establishment of foreign-invested enterprises (FIEs).