CIRCULAR OF THE STATE COUNCIL CONCERNING THE EXTENSION OF THE LIMITS OF POWER
VESTED WITH THE INLAND PROVINCES, AUTONOMOUS REGIONS, CITIES SEPARATELY LISTED
IN THE STATE PLAN AND THE DEPARTMENTS CONCERNED UNDER THE STATE COUNCIL IN
EXAMINING AND APPROVING DIRECT FOREIGN INVESTMENT PROJECTS
******************************************************************************

(PROMULGATED BY THE STATE COUNCIL ON AUGUST 22, 1996)
=====================================================

[CIRCULAR]
----------

With a view to further opening to the outside world, promoting the sustained,
rapid and healthy development of the national economy and creating a favorable
environment for gradually narrowing the gap between the regions, the State
Council has decided to appropriately extend the limits of power of examining
and approving direct foreign investment projects vested with the inland
provinces, autonomous regions, and cities separately listed in the state plan,
the relevant ministries, commissions and institutions directly under the State
Council, Chinese Academy of Sciences, China Shipbuilding Industry Corporation
China Ordnance Industry Corporation, China Aeronautics Industry Corporation,
China Astronautics Industry Corporation, China Nuclear Industry Corporation,
China Petroleum and Chemical Industry Corporation, China Nonferrous Metal
Industry Corporation, and General Logistics Department of Chinese People's
Liberation Army.

With respect to Productive projects to be developed by absorbing direct foreign
investment, provided these projects are in conformity with the regulations as
stipulated in Interim Provisions on Guidance for Foreign Investment and Guiding
Catalogue of Industries for Foreign Investment, and investment by the Chinese
side, construction and production facilities as well as the demand for foreign
exchange can be balanced by the projects themselves, the present limits of
power vested with the aforesaid localities and departments in examining and
approving projects with an investment totaling US$ 10 million or below each
shall be extended to US$ 30 million or below each; After approval, the projects
shall be reported separately in line with different categories of construction
projects to the State Planning Commission and State Economic and Trade
Commission for the record and the contracts and articles of association of
joint ventures shall be reported to Ministry of Foreign Trade and Economic
Cooperation for the record.

This Circular shall become effective as of the date of promulgation.


==============================================================================

	Title:  China - Circular of the State Council Concerning the Extension
               of the Limits of Power Vested with the Inland Provinces,
               Autonomous Regions, Cities Separately Listed in the State Plan
               and the Departments Concerned under the State Council in
               Examining and Approving Direct Foreign Investment Projects, 1996

	Creator:  MOFTEC

	Rights:  Copyright (C) 1996 MOFTEC

	Publisher:  SiSU http://www.jus.uio.no/sisu (this copy)

	Date:  1996-08-22

	Sourcefile:  china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996.sst

	Filetype:  SiSU text 2.0

	Source digest:  SHA256(china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996.sst)=
               5033623181f15c85d5bfbd0386dadf96e645ec586a08acc6ccbc771fccb77bf4

	Skin digest:  SHA256(skin_lm.rb)=
               5acda64a9532f9ef6b71693da2b471d4efac2f23a8499e68de066eec8ea9b8e9

	Generated by:  Generated by: SiSU 2.6.3 of 2010w30/3 (2010-07-28)

	Ruby version:  ruby 1.8.7 (2010-08-16 patchlevel 302) [i486-linux]

	Document (dal) last generated:  Tue Sep 21 16:15:58 -0400 2010

==============================================================================

Other versions of this document:
manifest:
   http://www.jus.uio.no/lm//china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996/sisu_manifest.html
html:
   http://www.jus.uio.no/lm//china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996/toc.html
pdf:
   http://www.jus.uio.no/lm//china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996/portrait.pdf
   http://www.jus.uio.no/lm//china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996/landscape.pdf
plaintext (plain text):
   http://www.jus.uio.no/lm//china.extension.of.powers.in.examining.and.approving.direct.foreign.investment.projects.1996/plain.txt
at:
   http://lexmercatoria.org
* Generated by: SiSU 2.6.3 of 2010w30/3 (2010-07-28)
* Ruby version: ruby 1.8.7 (2010-08-16 patchlevel 302) [i486-linux]
* Last Generated on: Tue Sep 21 16:15:58 -0400 2010
* SiSU http://www.sisudoc.org/