Foreign Direct Investment

Issued: May 10 2006Applicability: In the event of a conflict between this Circular and past provisions, this Circular shall prevail (Article 4).Main contents:…

The scope of enterprises eligible for tax refunds on the purchase of domestically-manufactured equipment includes foreign-invested enterprises that are ordinary payers of value-added tax or engage in transport business or the development of ordinary housing.

In order to further open up the logistics sector to foreign investment in pilot projects, the term 'foreign-invested logistics enterprises' has been expanded and foreign investors may now apply to establish foreign-invested logistics enterprises and engage in one or more types of logistics business.

Promulgated: December 31 2005Main contents: Under the premise of adequate capital guarantee, stringent financial supervision and the establishment of a…

New PRC legislation encourages and supports a broad range of renewable energy and related products and activities, in pursuit of energy supply diversity and security, environmental protection and sustainable development. Promotion of domestic manufacturing may leave foreign equipment exporters out in the cold, while foreign investors and technology providers stand to benefit from incentives and an expanding market.

By Ji Hailong*The author may be contacted through Dr Sabine Kellerer, [email protected]: www.freshfields.comIn China, a company often…

The Chinese corporate governance regime is increasingly under attack as a hindrance to important economic reforms. China's new Company Law improves corporate governance by introducing fiduciary duties and minority shareholder protection. However, does the new law provide enough protection to safeguard the interests of investors in Chinese companies? What other implications are involved and how will this impact the management of companies in China?

As part of the government's efforts to reform the construction sector, the Ministry of Construction has issued draft provisions on the administration of foreign-invested construction engineering service enterprises. Do these provisions go far enough to encourage greater foreign investment in the sector?

As part of the government's efforts to reform the construction sector, the Ministry of Construction has issued draft provisions on the administration of foreign-invested construction engineering service enterprises. Do these provisions go far enough to encourage greater foreign investment in the sector?