Collection of Chinese Laws and Administrative Regulations for Application and Approval of Foreign Investment Projects and Business Scope The Invest in China Guidebook Series (4) Published: December 2011 No. of Pages: 728 Price: $ 2000
China is one of the fastest growing global economies. It has achieved and maintained an annual compound growth rate of GDP well above 9% since the 1980s. China has become the second largest economic entity in the world by 2010. It can be expected to China is one of places attracting foreign companies and investors around the world in the foreseeable future. In China, government authorities administer and control the process of application and approval for registration, foreign investment projects and business scope for foreign investment enterprise by exorbitant administrative measures and regulations, moreover, these exorbitant administrative regulations are variable and lack of transparency. The legal procedure of setting up a foreign investment enterprise in China, unlike in Western countries, it requires comparatively complex documents. The application and approval of foreign investment projects and business scope is the most complex procedure in the process of setting up a foreign investment enterprise in China. This is involved with not only various Chinese laws and administrative regulations but also various Chinese government authorities. Lack of knowledge of the Chinese laws and administrative regulations, and the cultural difference between China and Western countries as well as the language barriers will increase the challenge faced by foreign companies and investors. Therefore, a detailed guidance of practical operation and a comprehensive and thorough knowledge of the latest Chinese laws and regulations have been become an essential prerequisite for foreign companies and investors. Collection of Chinese Laws and Administrative Regulations for Application and Approval of Foreign Investment Projects and Business Scope is the fourth one of the Guidebook Series for Investing in China. It will provide the full text in England of variously existing latest in effective Chinese laws, administrative regulations and rules, and departmental regulations and rules for application and approval of foreign investment projects and business scope for foreign investment enterprise, which is associated with the third fascicle of the Guidebook Series for Investing in China----- Invest in China: A Guidebook for Application and Approval of Foreign Investment Projects and Business Scope.