Decisions of the State Council on Amending the Implementing Rules for the Law of the People's Republic of China on Whlloy Foreign-invested Enterprises

Decisions of the State Council on Amending the Implementing Rules for the Law of the People's Republic of China on Whlloy Foreign-invested Enterprises
Decisions of the State Council on Amending the Implementing Rules for the Law of the People's Republic of China on Whlloy Foreign-invested Enterprises

Order of the State Council No. 301

April 12, 2001

The Decisions of the State Council on Amending the Implementing Rules for the Law of the People's Republic of China on Foreign-invested Enterprises is released hereby and shall take effect as of the date of promulgation.

Premier Zhu Rongji

Decisions of the State Council on Amending the Implementing Rules for the Law of the People's Republic of China on Foreign-invested Enterprises

In order to meet the needs of new situations of opening up to the outside world of China and further improve the foreign investment environment, in accordance with the Decision of the Standing Committee of the National People's Congress on the Revision of the Law of the People's Republic of China on Foreign-invested Enterprises, the Implementing Rules for the Law of the People's Republic of China on Foreign-invested Enterprises are amended as follows:

I. Article 3 is amended as: "A foreign-capital enterprise to be established must be conducive to the development of China's national economy and be capable of accomplishing remarkable economic results.
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