Investment Guide
As it is mentioned in the "Guiding list for foreign-invested
industry", foreign-invested projects fall into four categories: the
encouraged, the allowed, the restricted and the prohibited. The
encouraged, the restricted and the prohibited foreign-invested
projects are listed in the Guiding list for foreign-invested
industry". Those that are not classified into the former three
categories are regarded as the allowed foreign-invested projects,
which are not included in the "Guiding list for foreign-invested
industry"
Based on the national investment guide, combined with its own
conditions, the government defines its industry direction which lays
particular emphasis on attracting foreign investment.
·
Projects are advised that are beneficial to agricultural
industrialization and development such as breeding, aquaculture,
shallows development, seeds cultivation, greenhouse planting, flower
planting, economic products planting, aquatic products and fruits
processing.
·
Foreign businessmen are encouraged to make use of new and high
technology to develop industries such as machinery, economics and
chemical industry. Liaoning Province and its hinterland have solid
industry foundations. There is a great potential for development and
cooperation.
·
Foreign businessmen are welcome to invest in such service industries
as tourism, retailing and restaurant. Liaoning Province has rich
tourist resources. Developing tourism will surely enjoy a bright
future.
·
Foreign businessmen are encouraged to take part in the
infrastructure projects in various ways and are given special
preferential policies according to the size and social influence of
the projects.
·
Considering the resources in Liaoning Province and its hinterland,
with the exiting industry groups, the following fields are proposed:
ü
Make use of the local mineral resources such as magnetite to develop
magnesium and mineral industry.
ü
Make use of the grain resources in Northeast China to develop grain
deep processing industry.
ü
Make use of the forestry resources in its hinterland to develop
forest products processing industry.
ü
Make use of the husbandry resources in Northeast China and Inner
Mongolia to develop leather products processing industry.
ü
Make use of the rich local labor resources to develop
labor-intensified industry such as textile, garment, printing and
dying.
Project Examination and Approval
Qualifications
·
Foreign investors' qualifications
·
Chinese Investor's Qualification for Joint Venture and Co-operation
(Detail information please contact our Government Investment team
GOV@gbaltd.org.uk )
Type of enterprises
·
Wholly foreign-owned enterprises
All the investment
comes from foreign enterprises, other economic organization and
individuals. And the enterprises are managed by the foreign
investors.
·
Joint Venture
Investment comes from
both foreign and Chinese partners according to certain ratio. And
the enterprises are managed jointly.
·
Cooperation
Foreign and Chinese
partners set up the enterprises in a cooperative way.
Investment Means
·
By
currency
Normally, the investment should be in Chinese RMB, in US dollar or
other currencies after being exchanged to Chinese RMB.
·
By tangible capital
Tangible capital can be machine, equipment, transportation vehicles,
buildings, land using right and other auxiliary facilities(if
investment is state property, the Evaluation Report on State
Property should be presented.)
·
By intangible capital
Intangible capital can be special technology, industrial property
(patent and trade mark).
·
Ratio between Investment and Registered Capital
(Detail information please contact our Financing Service team
finance@gbaltd.org.uk)
Approval Procedures
(Detail information please contact our Government Investment team
GOV@gbaltd.org.uk )
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