This is an old revision of this page, as edited by SchmuckyTheCat (talk | contribs) at 17:43, 11 March 2007 (rv, repeated recreation of deleted material is wp:vandal). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
Revision as of 17:43, 11 March 2007 by SchmuckyTheCat (talk | contribs) (rv, repeated recreation of deleted material is wp:vandal)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)As one of the key tools used by the People's Republic of China (PRC) government to direct foreign investment into mainland China, the Encouraged Industry Catalogue is significant in international trade with mainland China. It classifies various industries into the four groups which are Encouraged, Permitted, Restricted and Prohibited which has subsequent effects on foreign firms wishing to operate in such sectors.
Encouraged industries generally receive favourable tax treatment whilst those in the Permitted category are treated on a quite neutral basis. If an industry is restricted, foreign investment is usually limited to a minority shareholding in a joint venture whilst Prohibited industries cannot have any form of foreign investment at all.
This China-related article is a stub. You can help Misplaced Pages by expanding it. |
This economics-related article is a stub. You can help Misplaced Pages by expanding it. |