Business - Some existing foreign-invested enterprises operate in fields prohibited under the new Cat

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inbeijing
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Business - Some existing foreign-invested enterprises operate in fields prohibited under the new Cat

Postby inbeijing » Fri Jul 11, 2014 4:06 pm

Business - Some existing foreign-invested enterprises operate in fields prohibited under the new Catalogue for the GFIP. Should they leave China?

Business - Some existing foreign-invested enterprises operate in fields prohibited under the new Catalogue for the Guidance of Foreign Investment Policies (Amended in 2007). Should they leave China?

For those prohibited projects in the Catalogue, if they have been in existence and operation, policies in their approval shall be adopted. Under the new Catalogue, however, in the capital increase and equity transfer of original enterprises or overseas listing of domestic enterprises, the new Catalogue shall prevail for those involving newly added prohibited projects.

Be happy no matter what....

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