The Foreign Investment Law of the People's Republic of China, adopted at the Second Session of the 13th National People's Congress on March 15, 2019, is hereby promulgated for implementation as of January 1, 2020.
If you are wondering exactly what China's Foreign Investment Law says, what changes it will bring, and what’s being said about it, no worries -- we’ve made this special report which will provide you a panoramic view of the new law as well as pragmatic guides on investing in China.
The permanent representative office of foreign enterprise (such as office or representative office) means no-profitable office established by foreign company to engage in operation related under the stipulations.
Chinese-Foreign Equity Joint Ventures, Chinese-Foreign Cooperative Joint Ventures, and Wholly Foreign-Owned Enterprises are the three main forms of foreign investment in China.
Project Verification and Approval. Joint ventures and cooperative joint ventures established within China's territory must be able to promote the development of China's economy and the improvement of its science and technology for the benefit of socialist modernization.