About the authors |
|
v | (2) |
Preface |
|
vii | |
Part 1 Economic Reform and Investment Opportunities an Overview |
|
3 | (22) |
|
1 Economic and Financial Reforms |
|
|
3 | (6) |
|
Developing a `Socialist Market' Economy |
|
|
3 | (1) |
|
|
4 | (1) |
|
Developing Financial Markets |
|
|
4 | (1) |
|
Restructuring of the Banking System |
|
|
5 | (1) |
|
|
6 | (1) |
|
Loans for Investment Purposes |
|
|
6 | (3) |
|
2 Opportunities and Incentives |
|
|
9 | (6) |
|
Guidelines for Foreign Investment |
|
|
9 | (2) |
|
|
11 | (1) |
|
Investment by Multinationals |
|
|
12 | (3) |
|
3 An Overview of the Rules affecting Foreign Investors |
|
|
15 | (10) |
|
|
16 | (2) |
|
Foreign-owned Enterprises |
|
|
18 | (1) |
|
Foreign Exchange Controls |
|
|
18 | (1) |
|
|
19 | (1) |
|
|
20 | (1) |
|
|
20 | (2) |
|
|
22 | (3) |
Part 2 Forms of Investment |
|
25 | (38) |
|
4 Chinese - Foreign Equity Joint Ventures |
|
|
25 | (10) |
|
Parties to an Equity Joint Venture |
|
|
25 | (1) |
|
Basic Policy Requirements |
|
|
26 | (1) |
|
Main Industries or Fields of Investment |
|
|
26 | (1) |
|
|
27 | (2) |
|
|
29 | (1) |
|
Registered Capital and Investment Contribution |
|
|
30 | (1) |
|
|
30 | (2) |
|
Duration of a Joint Venture |
|
|
32 | (1) |
|
|
32 | (3) |
|
5 Chinese - Foreign Cooperative Joint Ventures |
|
|
35 | (10) |
|
Characteristics of a Cooperative Joint Venture |
|
|
35 | (1) |
|
Parties to a Cooperative Joint Venture |
|
|
36 | (1) |
|
|
36 | (3) |
|
|
39 | (1) |
|
|
40 | (2) |
|
Organisation, Structure and Management |
|
|
42 | (1) |
|
Distribution of Earnings and Recovery of Investment |
|
|
43 | (1) |
|
Duration of a Cooperative Joint Venture |
|
|
43 | (2) |
|
6 Wholly Foreign-Owned Investment Enterprises |
|
|
45 | (12) |
|
Conditions for establishing a Wholly Foreign-owned Enterprise |
|
|
46 | (1) |
|
Forms of Contributing Investment |
|
|
47 | (1) |
|
|
47 | (3) |
|
|
50 | (1) |
|
Purchasing of Raw Materials and Marketing of Products |
|
|
51 | (1) |
|
|
51 | (3) |
|
Labour Management and Trade Unions |
|
|
54 | (1) |
|
Duration of the Enterprise |
|
|
55 | (2) |
|
|
57 | (6) |
|
Conditions for Establishment |
|
|
57 | (1) |
|
|
58 | (1) |
|
|
59 | (1) |
|
|
59 | (1) |
|
Investment Enterprises of the Holding Company |
|
|
60 | (3) |
Part 3 Operational Issues |
|
63 | (50) |
|
8 Management of Joint Ventures |
|
|
63 | (4) |
|
|
63 | (1) |
|
|
64 | (1) |
|
Conflicts of Interest and Compliance with the Law |
|
|
65 | (2) |
|
|
67 | (8) |
|
|
67 | (1) |
|
|
68 | (5) |
|
|
73 | (1) |
|
|
74 | (1) |
|
|
75 | (10) |
|
Engagement and Dismissal of Staff |
|
|
76 | (1) |
|
|
77 | (1) |
|
Wages, Insurance and Welfare Benefits |
|
|
78 | (1) |
|
|
79 | (1) |
|
|
80 | (5) |
|
|
85 | (10) |
|
|
86 | (2) |
|
Import and Export of Goods and Technologies |
|
|
88 | (2) |
|
|
90 | (2) |
|
Experiments in Comprehensive Trading |
|
|
92 | (3) |
|
|
95 | (8) |
|
Opening up to Foreign Participation |
|
|
96 | (1) |
|
Trailling Foreign-funded Enterprises |
|
|
97 | (1) |
|
Joint Venture Chainstores |
|
|
98 | (5) |
|
13 Negotiations, Disputes and Arbitration |
|
|
103 | (10) |
|
Chinese Negotiation Styles |
|
|
103 | (1) |
|
|
104 | (1) |
|
|
105 | (8) |
Part 4 Financial Issues |
|
113 | (52) |
|
|
113 | (10) |
|
Transforming The People's Bank |
|
|
114 | (1) |
|
Commercialising the Banking System |
|
|
115 | (2) |
|
Credit for Foreign Investors |
|
|
117 | (1) |
|
Borrowing from Domestic Banking Institutions |
|
|
118 | (1) |
|
Conditions and Guarantees for Loans |
|
|
119 | (3) |
|
Foreign Exchange Loans from Foreign-funded Banking Institutions |
|
|
122 | (1) |
|
|
123 | (10) |
|
|
123 | (1) |
|
Reforms to the Foreign Exchange System |
|
|
124 | (2) |
|
|
126 | (1) |
|
Control of Forex by Foreign Investors |
|
|
127 | (2) |
|
From swap Centre to Inter-bank Market |
|
|
129 | (1) |
|
|
130 | (1) |
|
Recent and Future Measures |
|
|
130 | (3) |
|
16 Emerging Securities Markets |
|
|
133 | (10) |
|
The Development of China's Securities Markets |
|
|
133 | (2) |
|
|
135 | (1) |
|
Development of the Shareholding System |
|
|
136 | (4) |
|
|
140 | (3) |
|
|
143 | (22) |
|
|
143 | (1) |
|
Consumption Tax and Business Tax |
|
|
144 | (1) |
|
Income Tax payable by Enterprise |
|
|
145 | (1) |
|
Income Tax payable by Individuals |
|
|
145 | (1) |
|
|
146 | (1) |
|
|
146 | (2) |
|
|
148 | (1) |
|
Preferential Policies for Foreign Investors |
|
|
148 | (1) |
|
Foreign Enterprise Income Tax |
|
|
149 | (6) |
|
|
155 | (2) |
|
Tax Treatment of Intangible Assets and Establishment Costs |
|
|
157 | (1) |
|
Double Taxation Agreements |
|
|
157 | (1) |
|
Foreign Investors and China's Taxation System |
|
|
158 | (7) |
Part 5 Intellectual Property and Technology Transfer |
|
165 | (40) |
|
|
165 | (22) |
|
|
166 | (1) |
|
The First-to-File Principle |
|
|
167 | (1) |
|
|
168 | (1) |
|
|
169 | (2) |
|
|
171 | (3) |
|
|
174 | (3) |
|
Opposition to a Trademark Application |
|
|
177 | (1) |
|
Reapplication after Rejection |
|
|
178 | (1) |
|
|
178 | (1) |
|
Developing a Chinese Trademark |
|
|
179 | (6) |
|
Market Recognition of Trademarks |
|
|
185 | (2) |
|
|
187 | (4) |
|
|
187 | (1) |
|
|
188 | (1) |
|
China's Membership of International Conventions |
|
|
189 | (1) |
|
|
189 | (2) |
|
|
191 | (6) |
|
Development of Copyright Protection |
|
|
191 | (1) |
|
Copyright Law for Authors |
|
|
192 | (1) |
|
China's Membership of International Conventions |
|
|
193 | (1) |
|
Development of National Copyright Administration |
|
|
193 | (4) |
|
|
197 | (8) |
|
Technology Import Contract Regulations |
|
|
197 | (3) |
|
Importation of Know-How and Technology |
|
|
200 | (5) |
Appendices |
|
205 | (53) |
Appendix I China Foreign Investment Guidelines Catalogue (by sector in 1995) |
|
205 | (8) |
Appendix II Sample Contract for Joint Ventures using Chinese and Foreign Investment |
|
213 | (20) |
Appendix III Sample Articles of Association for Joint Ventures using Chinese and Foreign Investment |
|
233 | (16) |
Appendix IV Sample Application Form for the Establishment of a Foreign Capital Enterprise in China |
|
249 | (6) |
Appendix V Sample Approval Certificate for a Foreign Investment Enterprise |
|
255 | (3) |
Index |
|
258 | |