by Wu Ye King &Wood Mallesons Shenzhen,China
A new “filing and negative list” regulatory system for FIEs has now been officially launched in China.
On October 8th, 2016, the Ministry of Commerce (“MOFCOM”) issued the Interim Measures for the Administration of Establishment and Change Filings of Foreign-invested Enterprises (“Interim Measures”), 34 days after the Standing Committee of the National People’s Congress (“NPC”) amended the “Three FIE Laws” (namely, the Sino-foreign Equity Joint Ventures Law, the Sino-foreign Cooperative Joint Ventures Law, and the Wholly Foreign-owned Enterprises Law) MOFCOM had published the Interim Measures for the Administration of Establishment and Change Filings of Foreign-invested Enterprises (Draft for Public Comment) (“Draft for Public Comment”) on September 3rd, 2016.
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