Firm Updates

Pudong allows Individual Investment in Sino-foreign Equity Joint Ventures and Sino-foreign Cooperative Business5/15/2010

In September 2008, Lawyer Qi Bin wrote the motion “On Experiments for Natural Person within China investing in Pudong New District to Set up Sino-foreign Equity Joint Ventures and Sino-foreign Cooperative Business” and this motion has been submitted to the related departments through The Revolutionary Committee Of the Chinese Kuomintang and the Chinese People's Political Consultative Conference.
In the early December 2009, as representative of The Revolutionary Committee Of The Chinese Kuomintang, Lawyer Qi Bin participated in the conferences held by Shanghai Municipal Commission of Commerce and Shanghai Administration for Industry & Commerce, for discussion on Trial Procedures for Natural Person within China investing in Pudong New District to Set up Sino-foreign Equity Joint Ventures and Sino-foreign Cooperative Business.
With great support of Shanghai Administration for Industry & Commerce and Shanghai Municipal Commission of Commerce, the Trial Procedures above mentioned has been executed since May 1, 2010, which is a innovation for Comprehensive Coordinated Reform in Pudong.
For more details: http://shszx.eastday.com/node2/node4810/node4851/node4852/userobject1ai37934.html