Laws of the People's Republic of China

Ministry of Commerce

Circular of the General Office of the Ministry of Commerce on the Establishment of the Reporting System concerning the Investment Attraction Activities within or beyond the Boundary of the People's Republic of China

In order to strengthen the support and help to the local investment attraction activities, to carry out the Guidance Opinions of the Ministry of Commerce on Comprehensively Enhancing the Foreign Investment Promotion, and to better serve the locals, the Ministry of Commerce decides to establish the reporting system concerning the investment attraction activities within/without the territory of the People's Republic of China as of the year of 2006. All the local commerce authorities on charge shall, before February 15 of every year, submit to the Department of Foreign Trade of the Ministry of Commerce the information about the local important investment fairs to be held in the year concerned and about the investment attraction activities involving more than 30 persons to be conducted without the territory of the People's Republic of China. Upon the summarization of all the local investment attraction activities, the Ministry of Commerce will provide the locals with the services as follows:

I.

To grant support to some investment attraction activities with the resources held by the Ministry of Commerce. At present, the Ministry of Commerce has established reciprocal investment promotion institutions with Japan, Republic of Korea, the United Kingdom, Sweden and many other countries, conducting annually a series of investment promotion activities. The Ministry of Commerce will integrate such local investment attraction activities as accord with a certain condition to the activity plans of the reciprocal investment promotion institutions, or grant support through the intergovernmental reciprocal investment promotion agencies.

II.

To enhance the effectiveness of investment attraction through reporting and coordinating all the local investment attraction activities. The Ministry of Commerce will, upon the knowledge of the national basic situations and upon the general situation and requirement of the national investment promotion initiatives, coordinate the time arrangements and links between all the local plans for the investment attraction activities within/without the territory of the People's Republic of China, so as to avoid the over-concentration and malicious competitions.

All the commerce authorities in charge in all provinces, autonomous regions, municipalities under direct control of the Central Government are required to submit, before March 15, 2006 and in accordance with the pattern of the annexed forms, to the Ministry of Commerce the local work plans for the year of 2006 (if plan fails to be finally decided yet, the initial plan may be submitted) for the investment attraction activities within/without the territory of the People's Republic of China.

Contact Person: Duan Naishan, Wang Yuansi

Telephone: 65197325

Fax: 65197322

E-mail: dnszbj@mofcom.gov.cn, wangyuansi@mofcom.gov.cn

Ministry of Commerce

March 6, 2006