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State Administration of Industry and Commerce
Gong Shang Wai Qi Zi [2005] Issue No. 88
June 30 2005
Effective from June
30th 2005, Restricted Foreign Investment Enterprises with registered
capital less than six million US dollars will be under the supervision
of their local authorized governmental departments. In addition,
Foreign Investment Shareholdings Limited will be governed by its
prefecture-registered government authorities. For those companies
that have already registered at Foreign Investment Registration
Branch Office of State Administration of Industry and Commerce,
their files will be automatically transferred to their local authorized
departments.
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