Are there any new regulations or laws related to foreign investment?
Broader Market access both in terms of types of industries and geographic areas was promised by Chinese government. To date a number of administrative regulations and ministerial rules have been made or revised according to this promise. Just to name a few, in the medical services sector, the Provisional Rules on the Administration of Chinese-foreign Equity or Contractual Medical Institutions promulgates the basic requirements and procedural rules of medical care joint venture establishments.
In the transportation industry, relevant regulations and rules were made concerning railway transportation, Chinese-foreign shipping joint ventures, international marine shipping, etc. Most noticeably, joint ventures in securities investments, portfolios management and other financial services are now allowed and procedural rules are also available, which has made the approval process more transparent.
There are a large number of other regulations and rules allowing market access to some previously prohibited industries. Please refer to the laws and regulations of the Library of our website for more details.
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