China Trade Information

　　To encourage foreign-invested enterprises to introduce advanced foreign technologies and equipment, to promote industrial restructuring and technological upgrading, and to maintain sustained, rapid and healthy development of the national economy, the Chinese government has stipulated in recent years a series of favorable policies to invite foreign investment in high technology industries. These policies are mainly [...]

　　To direct foreign investment to go along with the development scenario of Chinese industries, and to avoid blind investment, the Chinese government promulgated in June 1995 the Interim Provisions for Guiding Foreign Investment and the Industrial Catalogue for Foreign Investment. The industrial projects in the catalogue are divided into four categories ― the encouraged, permitted, [...]

　　The Chinese government levies low tax on enterprises with foreign investment, and preferential tax policies are offered to the sectors and regions where investment is encouraged by the state.
　　1). Income Tax
　　a. Rate of income tax: The income tax on enterprises with foreign investment is levied at the rate of 33 percent. The income tax on [...]

　　In accordance with the existing laws of China, the establishment of enterprises with foreign investment is subject to project-by-project examination, approval and registration by the government. In general, the following steps should be followed for the establishment of Chinese-foreign equity joint ventures and Chinese-foreign contractual joint ventures:　　l). Submit the project proposal to the relevant department [...]

　　In order to create a congenial investment environment and to encourage overseas firms to invest in China, China has gradually set up a relatively complete legal system. In 1979 the National People‘s Congress issued The Law of the People‘s Republic of China on Chinese-Foreign Equity Joint Ventures. In the following 20-odd years, the Chinese government [...]

　　In order to coordinate economic development in different areas, the Chinese government is encouraging foreign investment in central and western China. Key measures being taken are as follows.
　　1). The state has approved and issued the Catalogue of Advantageous Sectors for Foreign investment in Central and Western Regions. Projects included in this catalogue enjoy the [...]