The Economic Investment Law in People's Republic of China
Project/Area Number |
01520023
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Research Category |
Grant-in-Aid for General Scientific Research (C)
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Allocation Type | Single-year Grants |
Research Field |
Civil law
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Research Institution | Tokai University |
Principal Investigator |
LIU Teh-koan Tokai University, Collage of Law, Professor, 法学部, 教授 (40201115)
|
Project Period (FY) |
1989 – 1990
|
Project Status |
Completed (Fiscal Year 1990)
|
Budget Amount *help |
¥1,500,000 (Direct Cost: ¥1,500,000)
Fiscal Year 1990: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 1989: ¥1,000,000 (Direct Cost: ¥1,000,000)
|
Keywords | Three basic options for foreign investors in China / Each one has its own Laws / Equity Joint Ventures / Cooperative Joint Ventures / Wholly-Owned Subsidiaries / 14 Coastal economic development Zones / Four Special Economic Zones / Shanghai World Economic Herald, 1986 / 09Shanghai Putung Area Development Herald, 1990 / 発布「城鎮国有土地使用権出譲転譲晢行条例」 / 土地使用権の設定、譲渡、担保認めた / 1990,5.19.(同日)国務院56号令 / 発布「外商投資による成庁土地開発経営晢行弁法」 / 外国からの大規模の土地開発を期待している。 / 同年9月11日,上海政府府発布 / 浦東(黄浦江心東)開発開放九個法規文件。 / 中国に選出する外資企業形態-三つある / 即ち、「三資企業」-独資、合弁、合作 / 1979年中外合資経営企業法、1983同法施行条例 / 1986年外資企業法 / 1985年渉外経済契約法 / 1988年投資の奨励及び相互保護に関する日中間の協定 / 広東省等経済特区各種法規 |
Research Abstract |
There are three basic options for foreign investors in China : equity joint ventures, cooperative joint ventures and wholly-owned subsidiaries. Each form of investment has its own governing Law, advantages and disadvantages. The normalization of trading relations between the United States and China in 1979 was accompanied by the passage of joint venture legislation in China designed to attract foreign investment and Know-how. In essence, Chinese joint ventures involve sharing profits and risk in proportion to the registred capital of the joint ventures. The Bank of China has occasionally taken equity Positions in joint ventures. Equity joint ventures have not always been attractive investments. Foreign investors (especially Hong Kong and overseas Chinese) have often relied on a less regulated form of doing business in China, the 'cooperative enterprises'. By 1988, more than 5,000 such enterprises had been established. In 1983 China designated fourteen coastal cities where wholly-owned foreign subsidiaries (WFOEs) could be established in economic development zones (EDZs) Prior to 1983, such subsidiaries could only be established in four special economic zones. SEZs Most WFOEs are small companies established by Hong-Kong Chinese in the SEZs. The 1986 Law on wholly Foreign-owned Enterprises covers subsidiaries and branch offices.
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Report
(3 results)
Research Products
(16 results)