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Detailed Rules for the Implementation of the Law of the PRC on Sino-Foreign Contractual Joint Ventures

Chapter I General Provisions

Article 1 This detailed rules are formulated in accordance with the Law of the People's Republic of China on Sino-Foreign Contractual Joint Ventures.

Article 2 The establishment of a Sino-foreign contractual joint venture (hereinafter referred to as contractual JV) within the Chinese territory shall conform to the national development policy and industrial policy, and abide by the State instructive directory on foreign investment.

Article 3 Contractual JVs shall independently carry out its business activities and management the scope stipulated in the contractual JV agreement, and contract and articles of association, and are not subject to interference from any organization or individual...







 


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