CHINA IN WORLD MAP:

CHINA IN ASIA MAP:

MAP OF CHINA:
PEOPLE'S REPUBLIC OF CHINA
• POPULATION: 1.104 BILLION
• RULING PARTY: COMMUNIST PARTY OF CHINA
• CAPITAL: BEIJING
• LARGEST CITY: SHANGAI
• OFFICIAL LANGUAGE: STANDARD CHINESE
• GDP(PPP): 27.449 TRILLION EST
• CURRENCY: RENMINBI (YUAN)
EASE OF DOING BUSINESS
• THE EASE OF DOING BUSINESS INDEX IS AN INDEX CREATED
BY SIMEON DJANKOV AT THE WORLD BANK GROUP.
• HIGHER RANKINGS (A LOW NUMERICAL VALUE) INDICATE BETTER,
USUALLY SIMPLER, REGULATIONS FOR BUSINESSES AND
STRONGER PROTECTIONS OF PROPERTY RIGHTS.
A NATION'S RANKING ON THE INDEX IS BASED ON
THE AVERAGE OF 10 SUB INDICES
1.STARTING A BUSINESS – PROCEDURES, TIME, COST AND MINIMUM CAPITAL TO OPEN A NEW BUSINESS
2.DEALING WITH CONSTRUCTION PERMITS – PROCEDURES, TIME AND COST TO BUILD A WAREHOUSE
3.GETTING ELECTRICITY – PROCEDURES, TIME AND COST REQUIRED FOR A BUSINESS TO OBTAIN A PERMANENT
ELECTRICITY CONNECTION FOR A NEWLY CONSTRUCTED WAREHOUSE

4.REGISTERING PROPERTY – PROCEDURES, TIME AND COST TO REGISTER COMMERCIAL REAL ESTATE
5.GETTING CREDIT – STRENGTH OF LEGAL RIGHTS INDEX, DEPTH OF CREDIT INFORMATION INDEX
6.PROTECTING INVESTORS – INDICES ON THE EXTENT OF DISCLOSURE, EXTENT OF DIRECTOR LIABILITY AND
EASE OF SHAREHOLDER SUITS

7.PAYING TAXES – NUMBER OF TAXES PAID, HOURS PER YEAR SPENT PREPARING TAX RETURNS AND TOTAL TAX
PAYABLE AS SHARE OF GROSS PROFIT

8.TRADING ACROSS BORDERS – NUMBER OF DOCUMENTS, COST AND TIME NECESSARY TO EXPORT AND IMPORT
9.ENFORCING CONTRACTS – PROCEDURES, TIME AND COST TO ENFORCE A DEBT CONTRACT
10.RESOLVING INSOLVENCY – THE TIME, COST AND RECOVERY RATE (%) UNDER BANKRUPTCY PROCEEDING
 EASE OF DOING BUSINESS RANKINGS
Country 2019 Rank 2018 Rank 2017 Rank 2016 Rank 2015 Rank
New Zealand 1 1 1 2 2
Singapore 2 2 2 1 1

China 46(+32) 78 78(+6) 84(+6) 90

India 77 100 130 130 142
 MAJOR IMPORTS AND EXPORTS
PRC’s Top 5 Imports
Minerals Fuels including oil ($116.2 billion
annually)
Iron Ore ($57.1 billion annually)
Copper and Copper Ore ($38.3 billion annually)
Oil Seeds ($116.2 billion annually)
Coal ($11.5 billion annually)
PRC’s Top 5 Exports
Cotton ($15 billion annually)
Tea ($1.5 Billion annually)
Rice ($378.8 million annually)
Potatoes ($227.2 million annually)
Soyabean ($108.5 million annually)
HISTORY
• CHINA IS ONE OF THE FOUR OLDEST CIVILIZATIONS IN THE WORLD,
THE FOUR OLDEST CIVILIZATIONS IN THE
WORLD ARE:
1. MESOPOTAMIA
2. ANCIENT EGYPT
3. THE HARAPPA CIVILIZATION OF THE INDUS VALLEY (IN WHAT IS TODAY
NORTHWEST INDIA AND PAKISTAN)
4. AND ANCIENT CHINA.
HISTORY
• CHINA IS ONE OF THE FOUR OLDEST CIVILIZATIONS IN THE WORLD,
• HAS A WRITTEN HISTORY OF 4,000 YEARS AND BOASTS RICH CULTURAL RELICS AND HISTORICAL
SITES.
• CHINA IS THE INVENTOR OF COMPASS, PAPER-MAKING, GUNPOWDER AND PRINTING.
• THE GREAT WALL, GRAND CANAL AND KAREZ IRRIGATION SYSTEM ARE THREE GREAT ANCIENT
ENGINEERING PROJECTS BUILT 2,000 YEARS AGO.
• NOW THEY ARE THE SYMBOLS OF THE RICH CULTURE OF THE CHINESE NATION.
• CHINA HAS GONE OVER A LONG HISTORY OF PRIMITIVE SOCIETY, SLAVERY SOCIETY, FEUDAL
SOCIETY AND SEMI-FEUDAL SEMI-COLONIAL SOCIETY AND THE PRESENT SOCIALIST SOCIETY.
BUSINESS LAWS IN CHINA CAN BE
CATEGORIZED INTO 4;
INTERNATIONAL TRADE IMPORT AND EXPORT

BUSINESS LAWS IN CHINA

TRADE OTHERS
•
INTERNATIONAL TRADE
ANTI-DUMPING AND ANTI-SUBSIDY REGULATIONS OF THE PEOPLE'S REPUBLIC OF CHINA - 1997

• ADMINISTRATION RULES ON THE EXCHANGE AND TRADING OF GOODS BY BORDER RESIDENTS - 1999

• CUSTOMS LAW OF THE PEOPLE'S REPUBLIC OF CHINA - 1987

• FOREIGN TRADE LAW OF THE PEOPLE'S REPUBLIC OF CHINA - 1994

• LAW OF THE PEOPLE'S REPUBLIC OF CHINA ON IMPORT AND EXPORT COMMODITY INSPECTION - 1989

• NOTICE ON THE APPLICATION OF IMPORT LICENSE - 1996

• NOTICE ON THE APPLICATION OF EXPORT LICENSE - 1996

• PROVISIONS FOR THE EXEMPTION OF IMPORT AND EXPORT COMMODITIES FROM INSPECTION - 1994

• PROVISION FOR THE ADMINISTRATION OF QUALITY LICENSE FOR THE EXPORT OF LIGHT INDUSTRIAL MACHINERY AND ELECTRONIC PRODUCTS - 1995

• PROVISIONS FOR INDUSTRY INJURY INVESTIGATIONS AND DECISIONS OF ANTIDUMPING CASES - 2002

• REGULATIONS FOR THE IMPLEMENTATION OF THE LAW OF THE PEOPLE'S REPUBLIC OF CHINA ON IMPORT AND EXPORT COMMODITY INSPECTION - 1992

• REGULATIONS OF THE CUSTOMS GENERAL ADMINISTRATION OF THE PEOPLE'S REPUBLIC OF CHINA ON THE MANAGEMENT OF AGENT DECLARATION
ENTERPRISES - 1995

• THE REGULATIONS OF THE SUPREME PEOPLE'S COURT ON SEVERAL ISSUES CONCERNING THE TRIAL OF INTERNATIONAL TRADE ADMINISTRATIVE CASES
(SUMMARY) - 2002
IMPORT AND EXPORT
• ADMINISTRATIVE PROVISIONS OF THE PEOPLE'S REPUBLIC OF CHINA ON CERTIFICATE OF ORIGIN FOR EXPORT GOODS - 1996

• ADMINISTRATIVE RULES ON IMPORTATION OF AUDIO AND VIDEO PRODUCTS - 1996

• CIRCULAR OF MINISTRY OF FOREIGN TRADE AND ECONOMIC COOPERATION, STATE PRESS AND PUBLISHING ADMINISTRATION AND
CUSTOMS GENERAL ADMINISTRATION ON THE ADMINISTRATION OF IMPORTS OF CD MANUFACTURING EQUIPMENT - 1996

• DETAILED RULES FOR THE IMPLEMENTATION OF THE METHODS ON EXPORT QUOTA BIDDING WITH COMPENSATION -1996

• IMPLEMENTATION MEASURES FOR THE ADMINISTRATION ON IMPORT BY FOREIGN-FUNDED ENTERPRISES - 1995

• INTERIM PROVISIONS FOR ADMINISTRATION OF EXPORTING FRESH, LIVE AND FROZEN GOODS TO HONG KONG AND MACAO - 1996

• INTERIM REGULATIONS OF THE MINISTRY OF FOREIGN TRADE AND ECONOMIC COOPERATION ON PUNISHMENT FOR CONDUCT OF
EXPORTING AT LOWER-THAN-NORMAL PRICE

• THE NOTICE ON ADJUSTING CERTAIN PREFERENTIAL IMPORT TAX AND DUTY POLICIES (SUMMARY)

• NOTICE ON THE APPLICATION OF EXPORT LICENSE - 1996

• NOTICE ON POLICIES FOR REFORM AND ADJUSTMENT OF IMPORT TAX (SUMMARY) - 1995

• PROVISIONS ON BIDDING FOR EXPORT OF MACHINERY AND ELECTRONIC PRODUCTS - 1996

IMPORT AND EXPORT CONTD…
• PROVISIONAL REGULATIONS ON TRADE ADMINISTRATION OF TECHNOLOGY INTRODUCTION AND EQUIPMENT
IMPORTATION 1- 1996

• REGULATIONS OF THE PEOPLE'S REPUBLIC OF CHINA ON THE ADMINISTRATION OF ARMS EXPORT - 1998

• REGULATIONS OF THE PEOPLE'S REPUBLIC OF CHINA ON ADMINISTRATION OF TECHNOLOGY IMPORT AND EXPORT - 2001

• REGULATIONS OF THE PEOPLE'S REPUBLIC OF CHINA ON THE CONTROL OF NUCLEAR DUAL-USE ITEMS AND RELATED
TECHNOLOGIES EXPORT - 1998

• REGULATION ON ADMINISTRATION OF ORGANIZATIONS IN CHARGE OF IMPORT OR MACHINERY AND ELECTRONIC

PRODUCTS IN LOCALITIES AND DEPARTMENTS AT THE CENTRAL LEVEL - 1995

• REGULATIONS ON ADMINISTRATION OF ORGANIZATIONS IN CHARGE ON IMPORT OF MACHINERY AND ELECTRONIC

PRODUCTS IN LOCALITIES AND DEPARTMENTS AT THE CENTRAL LEVEL

• REGULATION ON STRENGTHENING CONTROL OVER SHIPMENT OF IMPORT WASTES- 1996

• SEVERAL PROVISIONS ON THE ADMINISTRATION OF EXPORT LICENSE - 1996

• SUPPLEMENTARY PROVISIONS TO PROVISIONAL REGULATIONS ON ENVIRONMENTAL PROTECTION CONTROL OVER

IMPORT WASTES- 1996
TRADE
• ADMINISTRATIVE RULES ON MONITORED CHEMICALS OF THE PEOPLE'S REPUBLIC OF CHINA - 1995

• CIRCULAR OF THE STATE COUNCIL ON ISSUES COVERING BORDER TRADE - 1996

• CIRCULAR OF THE STATE COUNCIL CONCERNING THE RELEVANT ISSUES IN STRICT IMPLEMENTATION OF THE STATE
POLICY ON NUCLEAR EXPORT - 1997

• IMPLEMENTATION MEASURES FOR THE ADMINISTRATION ON IMPORT BY FOREIGN-FOUNDED ENTERPRISES - 1995

• IMPLEMENTATION RULES ON SMALL-VOLUME FRONTIER TRADE OF IMPORTING MACHINERY AND ELECTRONIC PRODUCTS
- 1996

• PROVISIONS FOR THE ADMINISTRATION OF QUALITY LICENSE FOR THE EXPORT OF LIGHT INDUSTRIAL MACHINERY AND
ELECTRONIC PRODUCTS

• PROVISIONS OF ADMINISTRATION ON BORDER TRADE OF SMALL COOPERATION OF BORDER REGIONS - 1996

• REGULATIONS CONCERNING THE ADMINISTRATION ON TRADEMARKS IN FOREIGN TRADE- 1995

• REGULATIONS ON THE ADMINISTRATION OF AGENT BUSINESS FOR CROSS-STRALTS CARGO SHIPPING

• REGULATIONS ON THE EXAMINATION AND APPROVEL OF FOREIGN-FUNDED ENTERPRISES SERVING AS AGENTS FOR
INTERNATIONAL CARGO TRANSPORT - 1995
OTHERS
• CIRCULAR OF THE MINISTRY OF FOREIGN TRADE AND ECONOMIC COOPERATION
AND THE MINISTRY OF COMMUNICATIONS ON ISSUES PERTAINING TO THE
ESTABLISHMENT OF FOREIGN FUNDED SHIPPING COMPANIES IN CHINA
• DETAILED IMPLEMENTATION REGULATIONS ON THE DISTRIBUTION AND
ADJUSTMENT OF ANNUAL QUOTAS FOR SUPPLYING LIVESTOCK TO HONG KONG
AND MACAO
• PROVISIONAL REGULATIONS ON TRADE ADMINISTRATION OF TECHNOLOGY
INTRODUCTION AND EQUIPMENT IMPORTATION
 ANTI-DUMPING AND ANTI-SUBSIDY REGULATIONS OF THE
PEOPLE'S REPUBLIC OF CHINA - 1997
Table of Contents

These regulations are formulated in accordance with the "Foreign Trade Law of the People's Republic of China" in order to maintain
CHAPTER 1 General Provisions
foreign trade order and fair competition and to protect domestic industry.

CHAPTER 2 Dumping and Injury Dumping occurs when the export price of an imported product is less than its normal value. Methods to determine normal price.

Domestic producers of products identical or similar to imported goods, or their related organizations (hereinafter referred to as "the
CHAPTER 3 Anti-Dumping Investigation applicant"), may submit a written application for an anti-dumping investigation to MOFTEC in accordance with the provisions of these
regulations.

If the initial ruling establishes the existence of dumping and of resultant injuries to corresponding domestic industries, temporary anti-
CHAPTER 4 Anti-Dumping Measures
dumping measures may be adopted.

A subsidy is a financial support or benefit directly or indirectly provided to an industry or enterprise by a foreign government or public
CHAPTER 5 Special Anti-Subsidy Provisions
organization for industries and enterprises.

Based upon actual circumstances, the People's Republic of China may adopt corresponding measures against any country or region
CHAPTER 6 Supplementary Provisions
adopting discriminatory anti-dumping or anti-subsidy measures against its exports.
CONSTITUTION OF THE PEOPLE'S REPUBLIC
OF CHINA
• THE CONSTITUTION OF THE PEOPLE'S REPUBLIC OF
CHINA IS THE HIGHEST LAW WITHIN THE PEOPLE'S
REPUBLIC OF CHINA.
• CURRENT VERSION ADOPTED BY THE NATIONAL
PEOPLE'S CONGRESS ON DECEMBER 4, 1982
• THE CONSTITUTION HAS 5 SECTIONS
5 SECTIONS OF CONSTITUTION
1. THE PREAMBLE
2. GENERAL PRINCIPLES
3. THE FUNDAMENTAL RIGHTS AND DUTIES OF CITIZENS
4. THE STRUCTURE OF THE STATE
5. THE NATIONAL FLAG AND EMBLEMS OF STATE.
CONSTITUTION OF THE PEOPLE'S REPUBLIC
OF CHINA
• THE CONSTITUTION OF THE PEOPLE'S REPUBLIC OF CHINA IS THE HIGHEST LAW
WITHIN THE PEOPLE'S REPUBLIC OF CHINA.
• CURRENT VERSION ADOPTED BY THE NATIONAL PEOPLE'S CONGRESS ON
DECEMBER 4, 1982
• THE CONSTITUTION HAS 5 SECTIONS
• THE CONSTITUTION WAS AMENDED ON MARCH 14, 2004 TO INCLUDE GUARANTEES
REGARDING PRIVATE PROPERTY ("LEGALLY OBTAINED PRIVATE PROPERTY OF THE
CITIZENS SHALL NOT BE VIOLATED,") AND HUMAN RIGHTS ("THE STATE RESPECTS
AND PROTECTS HUMAN RIGHTS.“ )
ARBITRATION LAW OF THE PEOPLE'S
REPUBLIC OF CHINA
• ADOPTED AT THE NINTH STANDING COMMITTEE
SESSION OF THE EIGHTH NATIONAL PEOPLE'S
CONGRESS ON AUGUST 31, 1994. AND PROMULGATED
BY THE DECREE NO.31 OF THE PRESIDENT OF THE
PEOPLE'S REPUBLIC OF CHINA ON OCTOBER 31, 1994.
ARBITRATION RULES OF THE CHINA
INTERNATIONAL ECONOMIC AND TRADE
ARBITRATION
• ADOPTED ON MARCH 17, 1994 AT THE FIRST SESSION OF
THE STANDING COMMITTEE OF THE SECOND NATIONAL
CONGRESS OF THE CHINA COUNCIL FOR THE
PROMOTION OF INTERNATIONAL TRADE (CHINA
CHAMBER OF INTERNATIONAL COMMERCE). EFFECTIVE
JUNE 1, 1994.
 TRADEMARK LAW OF THE PEOPLE'S
REPUBLIC OF CHINA
• ADOPTED AT THE 24TH SESSION OF THE STANDING COMMITTEE OF THE FIFTH NATIONAL
PEOPLE'S CONGRESS, ON AUGUST 23, 1982.
• ADMINISTERED BY THE TRADE MARK OFFICE (WITH AN APPEAL FUNCTION ADMINISTERED
BY THE TRADEMARK REVIEW AND ADJUDICATION BOARD AND THE COURTS).
• ONLY REGISTERED TRADE AND SERVICE MARKS ARE PROTECTED IN THE PRC, THERE IS
NO COMMON LAW PROTECTION FOR UNREGISTERED TRADEMARKS (EXCEPT FOR "WELL-
KNOWN").
• THE TWO PRINCIPAL PIECES OF LEGISLATION FORMING THE TRADEMARK SYSTEM ARE THE
1. TRADEMARK LAW
2. THE UNFAIR COMPETITION LAW.
THE INTERNATIONAL COPYRIGHT TREATIES
• PROMULGATED ON SEPTEMBER 25, 1992 BY DECREE NO. 105 OF
THE STATE COUNCIL OF THE PEOPLE'S REPUBLIC OF CHINA, AND
EFFECTIVE AS OF SEPTEMBER 30, 1992.
• PROVISIONS ARE FORMULATED TO IMPLEMENT THE
INTERNATIONAL COPYRIGHT TREATIES AND TO PROTECT THE
LEGITIMATE RIGHTS AND INTERESTS OF THE OWNERS OF
COPYRIGHT IN FOREIGN WORKS.
PROVISIONS ON NATIONAL STANDARDS
INVOLVING PATENTS
• ON SEPTEMBER 21, 2004, THE STANDARDIZATION ADMINISTRATION COMMITTEE
(SAC) UNDER THE GENERAL ADMINISTRATION OF QUALITY SUPERVISION,
INSPECTION AND QUARANTINE, CIRCULATED FOR PUBLIC COMMENT A DRAFT
OF THE PROVISIONS ON NATIONAL STANDARDS INVOLVING PATENTS.
• THE DRAFT PROVISIONS APPLY THE CONCEPTS AND DEFINITIONS CONTAINED
IN THE PATENT LAW OF THE PEOPLE'S REPUBLIC OF CHINA TO THE
FORMULATION OF NATIONAL STANDARDS FOR PATENTED HIGH AND NEW
TECHNOLOGIES
PROVISIONS ON NATIONAL STANDARDS
INVOLVING PATENTS CONTD..
• A PROPOSAL FOR A NATIONAL STANDARD THAT INCLUDES PATENTED
TECHNOLOGIES MUST INCLUDE AN ANNOTATED LIST OF THE PATENTED
TECHNOLOGIES, TOGETHER WITH DOCUMENTARY EVIDENCE REGARDING THE
PATENTS, AS WELL AS A DECLARATION FROM THE PATENTEE TO PERMIT ANY
USER OF THE NATIONAL STANDARD
1. TO EXPLOIT THE PATENT FOR FREE OR
2. TO EXPLOIT THE PATENT UNDER REASONABLE AND NON-DISCRIMINATORY
CONDITIONS AND TIME PERIODS.
SHANGHAI'S REGULATIONS TO LURE FOREIGN INVESTMENT
 IN HOPES OF ADVANCING INDUSTRY REFORM, SHANGHAI IS REDOUBLING ITS EFFORTS TO IMPROVE THE INVESTMENT
ENVIRONMENT THROUGH FIVE NEW MEASURES THAT PROMOTE INTERNATIONAL PRACTICES IN ECONOMIC OPERATIONS

1. STRENGTHENING ASSETS REORGANIZATION: INSTEAD OF INTRODUCING TECHNOLOGIES, MULTINATIONALS WILL BE INVITED TO

HELP CONSTRUCT THE SHANGHAI CHEMICAL INDUSTRY ZONE. TO DEVELOP THE ZONE, ENTERPRISES FROM DIFFERENT MARKETS
WILL FORM ALLIANCES TO CHANNEL INVESTMENT INTO CERTAIN AREAS.

2. ENCOURAGING FOREIGN INVESTORS TO ACQUIRE STATE-OWNED ENTERPRISES: SHANGHAI WILL ALLOW FOREIGN INVESTORS TO
ACQUIRE PART OF THE ASSETS OF STATE-OWNED ENTERPRISES AND USE THEM TO FORM JOINT VENTURES OR WHOLLY FOREIGN-
OWNED ENTERPRISES.

3. PROMOTING USE OF CAPITAL MARKETS IN SETTING UP JOINT VENTURES: WHILE ENCOURAGING DOMESTIC ENTERPRISES TO LIST
OVERSEAS, SHANGHAI WILL ALLOW FOREIGN INVESTORS TO BUY THE STATE-HELD SHARES AND CORPORATE SHARES OF LISTED
CHINESE COMPANIES AND WILL PERMIT JOINT VENTURES TO BE LISTED DOMESTICALLY.

4. INCREASING RELIANCE ON FINANCIAL AND OTHER INTERMEDIARY INSTITUTIONS TO LURE FOREIGN BUSINESSES: SHANGHAI WILL
INVITE FOREIGN BUSINESSES AND ABSORB FOREIGN INVESTMENT BY INCREASING RELIANCE ON THE SERVICES OF DOMESTIC AND
OVERSEAS FINANCIAL INSTITUTIONS AND OTHER INTERMEDIARY INSTITUTIONS.

5. ABSORBING FOREIGN INVESTMENT: SHANGHAI WILL SIMPLIFY APPROVAL PROCEDURES AND ENHANCE THE EFFICIENCY OF THE
APPROVAL PROCESS. FOREIGN INVESTORS WILL BE ENCOURAGED TO INVEST IN THE SHANGHAI INDUSTRIAL DEVELOPMENT ZONE,
ESPECIALLY IN THE INFORMATION INDUSTRY AND OTHER HIGH-TECH SECTORS.
EXPORT PROCESSING ZONES
• ON SEPTEMBER 24, 2004, THE SHANGHAI MUNICIPAL PEOPLE'S GOVERNMENT ISSUED THE
MEASURES ON THE ADMINISTRATION OF EXPORT PROCESSING ZONES, EFFECTIVE ON NOVEMBER
1, 2004.

• EACH PROCESSING ZONE WILL ESTABLISH AN ADMINISTRATIVE COMMISSION RESPONSIBLE FOR

THE APPROVAL AND ADMINISTRATION OF INVESTMENT PROJECTS WITHIN ITS JURISDICTION

• THE MEASURES SET FORTH THE SCOPE OF AUTHORITY AND APPROVAL LIMITS OF THE
ADMINISTRATIVE COMMISSION FOR THE ESTABLISHMENT OF ENTERPRISES WITHIN THE TWO
ZONES, AND RESTATE THE AUTHORITIES AND RESPONSIBILITIES OF THE DEPARTMENTS IN
CHARGE OF INDUSTRY AND COMMERCE, PLANNING, LAND, CONSTRUCTION, HYGIENE,
ENVIRONMENT PROTECTION, CUSTOMS, LABOR AND SOCIAL SECURITY.
LAW OF THE PEOPLE'S REPUBLIC OF CHINA
ON IMPORT AND EXPORT COMMODITY
INSPECTION
• THIS LAW IS ENACTED WITH A VIEW TO STRENGTHENING THE INSPECTION OF
IMPORT AND EXPORT COMMODITIES, ENSURING THE QUALITY OF IMPORT AND
EXPORT COMMODITIES, PROTECTING THE LAWFUL RIGHTS AND INTERESTS OF
THE PARTIES INVOLVED IN FOREIGN TRADE, AND PROMOTING THE SMOOTH
DEVELOPMENT OF CHINA'S ECONOMIC AND TRADE RELATIONS WITH FOREIGN
COUNTRIES.
FOREIGN TRADE LAW OF THE PEOPLE'S REPUBLIC OF CHINA
• THIS LAW IS FORMULATED WITH A VIEW TO DEVELOPING THE FOREIGN TRADE, MAINTAINING THE
FOREIGN TRADE ORDER AND PROMOTING A HEALTHY DEVELOPMENT OF THE SOCIALIST MARKET
ECONOMY.

• DIVIDED INTO 8 CHAPTERS,

• CHAPTER I PRINCIPLES

• CHAPTER II FOREIGN TRADE DEALERS

• CHAPTER III IMPORT AND EXPORT OF GOODS AND TECHNOLOGIES

• CHAPTER IV INTERNATIONAL TRADE IN SERVICE

• CHAPTER V FOREIGN TRADE ORDER

• CHAPTER VI PROMOTION OF FOREIGN TRADE

• CHAPTER VII LEGAL LIABILITIES

• CHAPTER VIII FINAL PROVISIONS

 WHAT TO KNOW BEFORE STARTING YOUR
BUSINESS IN CHINA

•WHAT THE CHINESE CONSUMERS WANT?

•WHAT THE CHINESE GOVERNMENT WANTS?
WHAT THE CHINESE GOVERNMENT WANTS?
TO ANSWER THE ABOVE QUESTION WE HAVE TO LOOK,
5 YEAR PLAN OF CHINESE GOVERNMENT( ITS BASICALLY WISH LIST THAT THE
CHINESE GOVERNMENT WANTS TO ACHIEVE )
TOP 3 IN WISH LIST:
1. TURNING THEIR ECONOMY FROM AN EXPORT BASED ONE TO CONSUMER BASED
ONE
2. INCREASING ENVIRONMENTAL EFFICIENCY
3. DEALING WITH POLLUTION ISSUES
IF YOU KNOW THE TYPE OF BUSINESS THAT
YOU WANT TO START, WHAT WILL BE THE
FIRST STEP?

• YOU WANT TO CHOOSE WHAT KIND OF ENTITY YOU WANT TO BE..

SOME OF THE DIFFERENT KIND OF ENTITY
FROM WE CAN CHOOSE FROM
THE 3 MOST COMMON KINDS OF ENTITY ARE,
1.JOINT VENTURES
2.REPRESENTATIVE OFFICES
3.HOLY FAMILY OWNED ENTERPRISE ( HFOE )
STEP 2 : BUSINESS PLAN
YOU HAVE TO MAKE AN AWESOME BUSINESS PLAN
• THE GOVERNMENT HOLD YOU RESPONSIBLE TO FOLLOW IT,
HENCE IF YOU STAY OUTSIDE YOUR SCOPE OF BUSINESS, YOU
RISK BEING SHUTDOWN
• SO GIVE ROOM TO YOURSELF WHILE PREPARING THE BUSINESS
PLAN AND BE SPECIFIC.
STEP 3 : FIND AN OFFICE

•YOU HAVE TO FIND AN OFFICE TO PROVE THE

LEASE TO THE CHINESE GOVERNMENT
STEP 4 : CORPORATE LAWYER

•TO ORGANIZE YOUR DOCUMENT AND

•DEAL WITH ANY WILD CARD THAT GENERALLY
COME UP WITH CHINESE GOVERNMENT.
AREA WHERE FOREIGN BUSINESS
OPERATORS REALLY MAY NOT AWARE
OF/NEGLIGENT
THERE IS A COMMON PERCEPTION THAT LABOUR IS STILL
INEXPENSIVE AND UNREGULATED IN CHINA BUT, WITH THE NEW
LABOUR LAWS THE CHINESE GOVERNMENT IS LOOKING TO CRACK
DOWN THE BUSINESSES (ESPECIALLY FOREIGN BUSINESSES) THAT
TRIES TO VIOLATE LABOUR LAWS.
THANK YOU ALL