Implementation rules of the law on foreign investment

On December 12, the State Council promulgated Implementation rules of the foreign investment law. Treat equally domestic and foreign enterprises in project application, land supply, tax deduction, qualification license, industry and field access, etc. Foreign funded enterprises participate equally in the formulation and revision of national, industrial and local standards according to law The state does not levy foreign investment It is prohibited to use administrative licensing, punishment and other means to force or in disguise force foreign investors or foreign-capital enterprises to transfer technology. Local governments shall not break the policy commitments and contracts made in accordance with theRead More →

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