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Doing Business in Chongqing (3)
Output of Major Industrial Products in Chongqing in 2005



(iii) Commerce Data

1. Import and Export
Total import and export volume of the year was 4.293 billion USD. The export was 2.521 billion USD, and the import was 1.772 billion USD. Export of electro-mechanical products was 1.566 billion USD, taking up 62.1% of the total export.



Import and Export in Chongqing from 2001 to 2005



2. Foreign Capital Utilization
Contract amount for foreign capital was 819 million USD for the year. Actual foreign investment utilization was 516 million USD. Actual domestic capital utilization was RMB 20.59 billion Yuan.

Contract amount for foreign contracting projects, labors, and design consultations of the year were 185 million USD. Revenue from overseas labor cooperation was 121 million USD.

Situations of Actual Foreign-investment Utilization in Chongqing from 2001 to 2005







3. Foreign Contracted Project and Labor Cooperation




4. Investment to Foreign Countries

Statistics for Overseas Investment Project




5. Technology Import
Unit: 10,000 USD


(Chongqing technology import statistics as per import means)

6. Commodity Circulation

Trading and distribution business developed rapidly. The market system was gradually completed. In the past years, some production materials and consumer goods markets of futures, spots, and retail products like Southwest Construction Material Market, Chaotianmen Market, etc. have been set up. All types of key material markets keep developing and consummating. A market network that serves upstream area of Yangtze River is coming into shape.

Chongqing--Investment

(i)Policy and Administrative Rules

Catalogue of Related Laws

Foreign Trade Law of the People's Republic of China
Customs Law of the People's Republic of China
Law of the People's Republic of China on Import and Export Commodity Inspection
Law of the People's Republic of China on Chinese-Foreign Equity Joint Ventures
Law of the People's Republic of China on Chinese-Foreign Contractual Joint Ventures
Law of the People's Republic of China on Foreign-Capital Enterprises
Company Law of the People's Republic of China��
Law of the People's Republic of China on the Entry and Exit Animal and Plant Quarantine
Law of the People's Republic of China on Control of the Entry and Exit of Aliens
Law of the People's Republic of China on the Control of the Exit and Entry of Citizens
Securities Law of the People's Republic of China
Income Tax Law of the People's Republic of China for Enterprises with Foreign Investment
and Foreign Enterprises
Individual Income Tax Law of the People's Republic of China
Law of the People's Republic of China on the Administration of Tax Collection
Environmental Protection Law of the People's Republic of China
Law of the People's Republic of China on Evaluation of Environmental Effects
Law of the People's Republic of China on Promotion of Cleaner Production
Law of the People's Republic of China on Prevention and Control of Desertification
Marine Environment Protection Law of the People's Republic of China
Law of the People's Republic of China on the Prevention and Control of Atmospheric Pollution
Law of the People's Republic of China on Prevention and Control of Environmental Pollution by Solid Waste
Law of the People's Republic of China on Prevention and Control of Water Pollution
Law of the People's Republic of China on Prevention and Control of Environmental Noise Pollution
Law of the People's Republic of China on Prevention and Control of Radioactive Pollution
Frontier Health and Quarantine Law of the People's Republic of China
Labour Law of the People's Republic of China
T r a d e U n i o n L a w o f t h e P e o p l e's Republic of China

Searching Website for the Related Laws

1 . S e a r c h i n g S y s t e m o f L a w s a n d Regulations of China (website of National
People's Congress of China)
http://law.npc.gov.cn:87/home/begin1. cbs

2. China Legislative Information Network System
http://www.chinalaw.gov.cn/jsp/jalor/index.jsp

3. Ministry of Commerce
http://www.mofcom.gov.cn
the above-mentioned websites are for reference only.

(ii) Encouraged and Restricted Industries for Investment
��Instruction Catalogue For Foreign Investment Industries�� (encouraged, restricted, and prohibited types) and�� Advantageous Industries Catalogue For Foreign Investment In Central West Area�� are the basis for instructions and approval on foreign investment projects and the corresponding policy applicable for foreign investment companies.

(1) The encouraged foreign investment projects are listed below:
A. Agricultural new technology, agricultural general development, energy, communications, and key raw material industries;
B. High & new technology, advanced applicable technology, which can improve product performance, increase technological and economical benefit for enterprises, or produce new equipment and material that cannot be sufficiently produced by domestic productivity;
C. Suit market demands, and can upgrade product level, exploit new market or enhance international competitiveness;
D. New technology, new equipment, which can save energy and raw materials, comprehensively utilize resources and recycled resources, and prevent and cure environment pollution;
E. Can exert labor and resource advantages of central west area, and complies to national industry policies;
F. Other situations defi ned by laws and administrative regulations.

(2) The restricted foreign investment projects are listed below:
A. Out of date technologies;
B. Not good for saving resources and improving ecologic environment;
C. Be engaged in special mineral prospecting and exploration that are nationally ruled for protective exploration;
D. Industries that will be gradually opened by the government;
E. Other situations defi ned by laws and administrative regulations.

(3) The prohibited foreign investment projects are listed below:
A. Those endanger national security or damage social common interests;
B. Those pollute or damage environment, destroy natural resources or damage human health;
C. Those occupy great amount of arable land, and are not good for land resource protection and development;
D. Those endanger military facility security and effectiveness;
E. Those use products produced by special techniques or technology of our country;
F. Other situations defi ned by laws and administrative regulations.
 

By phillipwcy (Male. China)
Date: 21 Dec 09    Views: 10    Comments: 0          

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