1979 |
Law of the People’s Republic of China on Joint Ventures Using Chinese and Foreign Investment |
I. Equity Joint Venture investment; II. At least 25% of foreign investment; III. At least 25% of Chinese participation; IV. Use of advanced technology; V. Encouraged to export. |
Regulate IFDI, delimiting its form and conditions. |
Special Economic Zones (SEZ) |
I. Implement areas in the mainland for the entrance of FDI; II. These areas have preferential treatment as tax incentives; III. It should establish strong backward and forward linkages. |
Promote the development of underdevelopment regions, absorbing advanced technology and diffusing knowledge. |
1983 |
Implementing Regulations of the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Venture |
I. Obligation to adopt advanced technology and methods; II. Increase the variety of products and rise quantity and quality; III. Expand export and/or train technical and managerial personnel; IV. The Chairman must be Chinese. |
Facilitate the implementation of the EJV Venture Law. |
1984 |
Economic and Technical Development Zones (ETDZ) |
Same as SEZ but with more tax incentives for the higher-technology industry. |
Attract investments in the higher-technology industry. |
1986 |
Provisions of the State Council of the People’s Republic of China for the Encouragement of Foreign Investment |
I. Discriminate preferential tax; II. Exempt tax of import of machinery and equipment used in industries that produce to export; III. Allow remittance of profit without an income tax for industries using high technology. |
Complement the EJV Law and the EJV Implementing Regulation Law. |
Law of the PRC on Enterprises Operated Exclusively with Foreign Capital |
I. Must be conducive to the development of PRC; II. Use advanced technology; II. Equipment or market all or most of their production outside of PRC. |
Expand economic cooperation and technological exchange with foreign countries. |
1988 |
Regulation to Encourage Investments by Taiwanese Compatriots |
I. Equal treatment for investments from Taiwan as those applied to foreign investments; II. More rights in acquisitions and investments compared to foreign investors. |
Promote economic and technological exchanges benefiting mutual prosperity. |
Law of the People’s Republic of China on Chinese-Foreign Cooperative Joint Ventures |
I. Limited liability Company; II. Distributions of profit are negotiated between parts; III. Encourage export-oriented or technologically advanced industries. |
Expand economically, cooperation and technological exchange with foreign countries. |
1990 |
Detailed Rules for the Implementation of the Law of the PRC on Wholly Foreign-Owned Enterprises |
I. Use of own capital; II. It must be shown to be beneficial to the development of the national economy using advanced technology or exporting most part of production. |
Expand economic cooperation and technological exchange with foreign countries. |
Provisions of the State Council Concerning the Encouragement of Investments by Overseas Chinese and Compatriots from Hong Kong and Macao |
Similar treatment as promulgated by the law for Taiwanese investments. |
Promote economic and technological exchanges benefiting mutual prosperity. |
1995 |
Provisional Regulations on Direction Guide to Foreign Investment |
I. Guide for FDI, dividing them in four categories; II. Create priorities and restricted sectors for FDI; III. Constantly updated, changing sectors and categories of which sector. |
Give directions and control the destiny of FDI in accordance with government planning and interest. |
2003 |
Interim Provisions on Mergers and Acquisitions of Domestic Enterprises by Foreign Investors |
I. The M&A process shall be approved by the approval organ; II. In special cases that can be considered key economic issues, should be reported to MOFCOM and State Administration for Industry and Commerce. |
Regulate M&A. |
2008 |
Anti-Monopoly Law |
I. Describes and characterises monopolistic conduct; II. It points out cases in which the responsible bodies take measures to intervene in the market. |
Protect fair competition in the market promoting the healthy development of the socialist market economy. |
2019 |
The Foreign Investment Law of the People’s Republic of China (The New Foreign Investment Law) |
I. Promote foreign investment; II. FIE receives national treatment under the Company Law. |
Replace the EJV Law, WFOE Law, and the CJV Law. |