Shanghai Fengpu Industrial Park, Your Successful Business Home in Shanghai, China

Shanghai Fengpu Industrial Park
Export Processing Zone

China Investment Guide
  Home>Shanghai Guide To Investment 2005
 
PROVISIONS ON GUIDING FOREIGN INVESTMENT DIRECTION
 

Article 4 Foreign investment projects shall be classified into four categories: encouraged, permitted, restricted and prohibited projects.

Foreign investment projects belonging to encouraged, restricted and prohibited categories are listed in Catalogue for the Guidance of Foreign Investment Industries. Those permitted foreign investment projects which do not belong to the above three categories are not to be listed in Catalogue for the Guidance of Foreign Investment Industries.

Article 5 Those foreign investment projects under one of the following circumstances shall be listed as encouraged foreign investment projects:
1. Projects for new agricultural technology, comprehensive agricultural development and for energy, transportation and key raw materials industries;
2. Projects for new and high technology, advanced appli-cable technology which can improve performance of productsand increase techno-economic efficiency of enterprises or produce new equipment and new material that domestic capacity is deficient;
3. Projects that meet market demands, and can promote the quality of products, enter into new markets or strengthen the competing capability of products in international markets;
4. Projects adopting new technology and new equipment for saving energy and raw materials, for comprehensive utilization of resources and renewable resources, and for prevention environment pollution;
5. Projects that can make full use of man power and resource advantage in mid-west region and are in accordance with the State's industrial policies;
6. Other cases that are regulated by laws and administrative regulations of the State.

Article 6 Those foreign investment projects under one of the following circumstances shall be listed as restricted foreign investment projects:
1. Projects adopting out-of-date technologies;
2. Projects unfavorable to resource-saving and ecological environment improvement;
3. Projects for prospecting and/or mining specified mineral resources protected by laws and regulations of the state;
4. Projects in those industries that shall be opened gradually;
5. Other cases that are regulated by laws and administrative regulations of the State.

Article 7 Those foreign investment projects under one of the following circumstances shall be listed as prohibited foreign investment projects:
1. Projects that endanger the safety of the State or damage social and public interests;
2. Projects that pollute environment, destroy natural resources or impair the health of human beings;
3. Projects that occupy large amounts of arable land, unfavorable to protection and development of land resources;
4. Projects that endanger the safety of military facility and its performance;
5. Projects that adopt the unique craftsmanship or technology of our country to make products;
6. Other cases that are regulated by laws and administrative regulations of the State.

 
[ PREVIOUS ] [ NEXT ]
Copyright © 2006 Fengpu Ltd. All Right Reserved. Contact Us |Sitemap | Disclaimer | Copyright | Home
China Investment Guide Free Downloading