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About the competency of examination and approval on projects of foreign-invested enterprises
2005-12-09 09:36:13

(1) The encouraged foreign-invested projects with a total investment below USD30 million, the permitted foreign-invested projects with a total investment below USD10 million, and the encouraged and/or permitted foreign-invested projects with a total investment below USD30 million located within the municipal industrial zones shall be submitted to their local district or county-level people’s governments for examination and approval, respectively.

 

(2) The foreign-invested projects, excluding restricted those, with a total investment below USD30 million registered in Wai Ggaoqiao Free Trade Zone, Zhangjiang Hi-Tech Park, Jinqiao Export Processing Zone, Shanghai Chemical Industry Park, and Shanghai Lingang New City shall be submitted to Wai Gaoqiao Free Trade Zone Administrative Committee, Zhangjiang Hi-Tech Park Leading Team Office, Jinqiao Export Processing Zone Administrative Committee, Shanghai Chemical Industry Park Administrative Committee, and Shanghai Lingang New City Administrative Committee for examination and approval, respectively.

 

(3) The encouraged or permitted foreign-invested projects with a total investment below USD100 million (excluding projects of the above two items), and the restricted foreign-invested projects below USD50 million shall be submitted to Shanghai Foreign Investment Commission for examination and approval.

 

(4) The foreign-invested projects with a total investment over USD100 million, or those projects which are required special examination and approval shall be reported to the National Development & Reform Commission and the Ministry of Commerce for examination and approval by Shanghai Development & Reform Commission or Shanghai Foreign Investment Commission after their initial examination is completed.

 

(5) As for foreign-invested projects registered in Caohejing Development Zone and Minhang Development Zone, Shanghai Foreign Investment Commission entrust them to handle initial examination and submission for the new-established and/or changed foreign-invested enterprises within their own compasses of competency, respectively, and draw up official and written replies and keep documentary materials for the foreign investment commission.

 

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