ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On 5 July 2015, the Ministry of Transport issued Decree No.16 of 2015, revising the "Measures for the Examination and Approval of Wholly Foreign-funded Shipping Companies", which was originally published on 28 January 2000. The new policy came into force immediately after publication.
Several key restrictions on foreign company registration have been removed according to the announcement of this decree:
However, several foreign investment restrictions still remain unchanged in the decree:
The affected trading partner are selected based on the "Jan - May 2015 FDI Statistics" published by Ministry of Commerce on 30 June 2015. These countries account for 94.7% of the 2015 Chinese FDI.
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