Easier Entry For Some Foreign-Invested Companies

February 6, 2006 | Print | Email Email | Comments | Category: Business





    China is honoring its World Trade Organization commitments by making it easier for some foreign-invested businesses to register on the mainland.

    Starting March 1, foreign companies can bypass the hassles of first going to the Ministry of Commerce. Instead, state-level economic development zones will be authorized to approve the establishment of foreign invested companies.

    The companies covered include wholesale and retail enterprises selling ordinary good.

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