Trade Resources Culture & Life Projects Listed for Foreign Investment of Guangxi Are Regarded as Encouraged Projects

Projects Listed for Foreign Investment of Guangxi Are Regarded as Encouraged Projects

Investment

(i)Policy and Administrative Rules

Catalogue of Related Laws

Foreign Trade Law of the People's Republic of China

Customs Law of the People's Republic of China

Law of the People's Republic of China on Import and Export Commodity Inspection

Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures

Law of the People's Republic of China on Chinese-Foreign Contractual Joint Ventures

Law of the People's Republic of China on Foreign-Capital Enterprises

Company Law of the People's Republic of China

Law of the People's Republic of China on the Entry and Exit Animal and Plant Quarantine

Law of the People's Republic of China on Control of the Entry and Exit of Aliens

Law of the People's Republic of China on the Control of the Exit and Entry of Citizens

Securities Law of the People's Republic of China

Income Tax Law of the People's Republic of China for Enterprises with Foreign Investment and Foreign Enterprises

Individual Income Tax Law of the People's Republic of China

Law of the People's Republic of China on the Administration of Tax Collection

Environmental Protection Law of the People's Republic of China

Law of the People's Republic of China on Evaluation of Environmental Effects

Law of the People's Republic of China on Promotion of Cleaner Production

Law of the People's Republic of China on Prevention and Control of Desertification

Marine Environment Protection Law of the People's Republic of China

Law of the People's Republic of China on the Prevention and Control of Atmospheric Pollution

Law of the People's Republic of China on Prevention and Control of Environmental Pollution by Solid Waste

Law of the People's Republic of China on Prevention and Control of Water Pollution

Law of the People's Republic of China on Prevention and Control of Environmental Noise Pollution

Law of the People's Republic of China on Prevention and Control of Radioactive Pollution

Frontier Health and Quarantine Law of the People's Republic of China

Labour Law of the People's Republic of China

Trade Union Law of the People's Republic of China

Searching Website for the Related Laws

1.Searching Website for the Related Regulations of China (website of National People's Congress of China)

http://law.npc.gov.cn:87/home/begin1.cbs

2. China Legislative Information Network System

http://www.chinalaw.gov.cn/jsp/jalor/index.jsp

3. Ministry of Commerce

http://www.mofcom.gov.cn

The above-mentioned websites are for reference only.

(ii) Industrial Policies

Catalogue for Guidance of Foreign-invested Industries and Catalogue of Competitive Industries for Foreign Investment of Guangxi are policy basis of examination and approval that are applicable to foreign-invested projects. Projects listed in the Catalogue of Competitive Industries for Foreign Investment of Guangxi are regarded as the encouraged projects for foreign investment.

● Catalogue for Guidance of Foreign Invested Industries For details , please refer to website of the Department of Commerce of Guangxi

● Encouraged Competitive Industries for Foreign Investment in Guangxi

1. Integrated development and utilization of cassava

2. Planting and processing of natural spices

3. Post-Industry development of state key bio-engineering such as reforesting some of the cultivated land

4. Technological development and application of water-saving irrigation

5. Sugar refinery and complex utilization of its byproducts

6. Development and manufacture of animals and botanical resources (excluding State protected species)

7. Indium, lead and zinc refinery and application

8. Manganese refinery

9. Mining, separation and processing of talcum and barite

10. Rosin refinery

11. Manufacture of fluoride salt

12. Construction and management of gas, keating, and water and drainage pipe networks (controlled by Chinese parties in medium and big cities)

13. Development of tourist resorts (scenic spots), construction, protection and management of supporting facilities

14. Highway passenger transportation

(iii) Procedures for Investment and Authorities for Examination and Approval

1. Requirements, Procedures for Establishment and Authorities for Examination and Approval of Foreign-invested Enterprises

(1) Requirements

1. Requirements, Procedures for Establishment and Authorities for Examination and Approval of Foreign-invested Enterprises

(2) Procedures for establishment of foreign-invested enterprises

Doing Business in Guangxi Zhuang Autonomous Region of China:III.Investment

(3) Authorities for examination and approval of foreign-invested project

● Authorities of state competent department for examination and approval

Foreign-invested projects in the encouraged category and allowed category with total investment of USD 100 million or over

Foreign-invested projects in the restricted category with total investment of USD 50 million or over

● Authorities of autonomous region for examination and approval

Foreign-invested projects in the encouraged category and allowed category with total investment less than USD 100 million

Foreign-invested projects in the restricted category with total investment less than USD 50 million or over

● Authorities of municipality under the autonomous region for examination and approval

Foreign-invested projects in the encouraged category and allowed category with total investment less than USD 30 million, requiring no overall balance of Guangxi

● Authorities of counties (cities), urban districts and suburbs in municipality under districts and suburbs in municipality examination and approval

Cangwu County, Hepu County, Fangcheng District of Fangchenggang City, Pingxiang City and Dongxing City are authorized to examine and approve foreign invested projects in the encouraged and allowed categories with total investment less than USD 20 million.

Counties (cities), urban districts and suburbs in municipality under the autonomous region are authorized to examine and approve foreign-invested projects in the encouraged and allowed categories with total investment less than USD 5 million.

2. Procedures for Establishment and Authorities for Examination and Approval of Chinese-invested Projects

In accordance with the Central Government and Guangxi's policies for Western Development and related laws and provisions, Guangxi further simplifies the procedures and transfers authorities for examination and approval of domestic investment to lower levels. Registration and filing system are adopted in projects that require no examination and approval.

(iv)Reference Prices of Basic Elements

1.Water Reference Price

Doing Business in Guangxi Zhuang Autonomous Region of China:III.Investment_1

2. Power Reference Price

Doing Business in Guangxi Zhuang Autonomous Region of China:III.Investment_2

3. Labor Cost

Ordinary worker:400-700 RMB/ month

Ordinary managerial staff:500-1,000 RMB/month

Senior managerial staff: 900 RMB/month

(Monthly salary to be adjusted in accordance with the Provincial Minimum Salary Standard for Employees in Guangxi)

Doing Business in Guangxi Zhuang Autonomous Region of China:III.Investment_3

Doing Business in Guangxi Zhuang Autonomous Region of China:I.Survey

Doing Business in Guangxi Zhuang Autonomous Region of China:II.Economy

Doing Business in Guangxi Zhuang Autonomous Region of China:IV.Development Zones

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Doing Business in Guangxi Zhuang Autonomous Region of China:III.Investment
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