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Industrial Policies for Foreign Investment

SOURCE:DOINGBUSINESSINCHINA.ORG   TIME:2016-05-19

 

 Industrial Policies for Foreign Investment


 
According to The Provisions on Guiding Foreign Investment Direction (revision in 2004) formulated by the Chinese government,

Foreign-invested projects in China are divided into four types as:


encouraged, permitted, restricted and prohibited.
 
The foreign-invested projects that are encouraged, restricted and prohibited are listed in The Catalogue for the Guidance of Foreign

Investment  Industries
, and those projects that are not listed in the catalogue are permitted-type foreign-invested projects.
 
For the foreign-invested projects with technical transfer that fall into encouraged-type or restricted type B,

the imported equipments for self use within the total investment amount will be exempt from tariff and import value-added tax, except the goods

listed in the Catalogue of Goods Imported for Foreign Invested Projects Unqualified for Tax Exemption.
 
 For foreign-invested projects that are to be encouraged, besides enjoying the preferential treatment specified by the relevant laws
 
and administrative regulations.

Those engaged in construction and operation in energy, transportation and urban infrastructure (coal, oil, natural gas,electric power, railway,

highway, port, airport,urban road, wastewater treatment and rubbish treatment etc.) that require large investment and long return period can

expand their business scope to the relevant fields after approval.



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  Compass foreign business service center (Abbrev. Compass) is a comprehensive agency that can provide one-stop service for foreign businessmen from around the world. It’s the professional agency that get the permission to establish by Chinese government. Compass provides one-stop agency services for foreign businessmen in China- investment, purchasing, joining electronic commerce platform and marketing.
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