Invest in China: A Guidebook for Application and Approval of Foreign Investment Projects and Business Scope The Invest in China Guidebook Series (3)

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.

Invest in China: A Guidebook for Application and Approval of Foreign Investment Projects and Business Scope is the third one of the Guidebook Series for Investing in China. It will focus on the application and approval of foreign investment projects and business scope, which is the most complex procedure in the process of setting up a foreign investment enterprise. It will provide not only a comprehensive and thorough knowledge of the latest Chinese laws and administrative regulations, but also the guidance of practical operation for application and approval of foreign investment projects and business scope for foreign companies and investors.

Chapter 2 will address the Chinese government authorities for examination and approval of foreign investment projects and business scope for foreign investment enterprise, and sketch an organizational chart of the government authorities for examination and approval for investment projects and business scope from the central government authorities, the government authorities of provinces, autonomous regions, municipalities directly under the Central Government to local government authorities. The aim of this chapter is to give direction of gateway for application and approval of investment projects and business scope for foreign investment enterprise.

Chapter 3 will elaborate the entire process of setting up a foreign investment enterprise in China, because the application and approval of foreign investment projects and business scope is the most significant procedure in the process of setting up a foreign investment enterprise.

Chapter 4 will introduce the applicable Chinese laws, administrative regulations, including the departmental regulations and rules, for application and approval of foreign investment projects and business scope for foreign investment enterprise. With the help of these various laws, administrative regulations, including the departmental rules and regulation, audience can clearly acquire a comprehensive and thorough knowledge of the latest Chinese laws and administrative regulations for application and approval of foreign investment projects and business scope, and lay the foundation for practical operation for application and approval of foreign investment projects and business scope for foreign investment enterprise.

Chapter 5 will introduce the practical operation for application and approval of foreign investment projects to guide investors step by step to go through the approval of the Chinese government authorities smoothly.

Chapter 6 will introduce the practical operation for application and approval of business scope for foreign investment enterprise in manner for case by case to guide foreign investors step by step to go through the approval of the Chinese government authorities smoothly.

The guidebook concludes in Chapter 7 by highlighting the significant suggestions for foreign companies and investors looking to achieve a successful application and approval for foreign investment projects and business scope for their companies and enterprises in China.

The another fascicle of the Guidebook Series for Investing in China--- Collection of Chinese Laws and Administrative Regulations for Application and Approval of Foreign Investment Projects and Business Scope 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 this guidebook.