What is the primary objective of The Circular on the "Opinions on the Applications of Laws Governing the Registration of Foreign Invested Companies (Gongshangwaiqizi [2006] No. 81, Circular 81), recently issued on 1 April 2006?

It is designed to clarify the implementation procedures for the approval and registration of FIEs and to eliminate the confusion that has arisen as a result of the discrepancies between the new Company Law and the pre-existing laws concerning FIE registration and approval.