IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Nov 2014 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

 On 27 November 2014, the Chinese Ministries of Commerce and of Civil Affairs announced the opening of the for-profit elderly care sector to foreign investments.
Potential investors will have to submit the following documents:

  1. Application for the establishment;
  2. Description about the conditions (including the place, security, health care and so on);
  3. Contract and articles of association (a foreign-invested enterprise only needs to submit its articles of association);
  4. Namelist of the members of the Board of Directors and directors delegation letter;
  5. Notice on the pre-approval for the names;
  6. Description of the foreign investors' working experience and relevant supporting documents, or the descriptive document on the engagement of management team equipped with corresponding experience in the elderly care service industry; and
  7. Other materials required to be provided according to the laws, rules and regulations.

AFFECTED COUNTRIES

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