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Regulations for the Implementation of the Law on Sino-foreign Equity Joint Ventures(2001)

(Promulgated 20 September 1983 by the state council Revised 15 January 1986 by the State Council Revised 21 December 1987 by the State Council Revised 22 July 2001 by the State Council in accordance with the Decision of the State Council to Revise the Law of the People s Republic of China on Sino-foreign Equity Joint Ventures)

Chapter I General Principles

Article 1 These Regulations are formulated in order to facilitate the implementation of the Law of the People s Republic of China on Sino-foreign Equity Joint Ventures(hereinafer referred to as the Law on Sino-foreign Joint Ventures)

Article 2 Sino-foreign equity joint ventures(hereinafter referred to as joint ventures)established within China s territory in accordance with the Law on Sino-foreign Joint Ventures are Chinese legal persons and are subject to the jurisdiction and protection of the Chinese law.

Article 3 Joint ventures established within China s territory must be able to promote the development of China s economy and the improvement of the science and technology for the benefit of socialist modernization.

Please download the PDF document for full content.

Regulations for the Implementation of the Law on Sino-foreign Equity Joint Ventures(2001).pdf

Source: Invest in China 
Editor: Grace
Date: 2005-4-1 15:21:00

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