Notice of Xiamen on Adjusting Administration Power of Foreign Investment
2018-06-09 1154
Notice of the General Office of the People's Government of Xiamen Municipality on Adjusting the Administration Power of Foreign Investment
- Document Number:No. 215 [2016] of the General Office of the People's Government of Xiamen Municipality
- Area of Law: Foreign-funded Enterprises
- Level of Authority: Local Regulatory Documents
- Date issued:12-22-2016
- Effective Date:01-01-2017
- Status: Effective
- Issuing Authority: People's Government of Xiamen City
Notice of the General
Office of the People's Government of Xiamen Municipality on Adjusting the
Administration Power of Foreign Investment
(No. 215 [2016] of the General Office of the People's Government of Xiamen
Municipality)
The people's governments of all districts; all municipal committees, offices
and bureaus directly under the Municipal Government; and all management
committees of development zones:
For purposes of further increasing the efforts of serving foreign investment,
enhancing investment facilitation, creating a first-class business environment,
and promoting the sound development of the use of foreign capital in Xiamen
Municipality, with the consent of the municipal government, a decision has been
made for adjusting the administration power of foreign investment in Xiamen in
accordance with the Decision of the Standing Committee of the National People's
Congress on Amending Four Laws including the Law of the
People's Republic of China on Wholly Foreign-Owned Enterprises,
Announcement No. 22 [2016] of the National Development and Reform Commission
and the Ministry of Commerce, the Interim Measures
for the Recordation Administration of the Formation and Modification of
Foreign-Funded Enterprises (Order No. 3 [2016], MOC) and other
relevant provisions. You are hereby notified of the relevant issues as follows:
I. Administration power
1. The municipal competent commerce department
(1) It shall be responsible for the approval of the formation and modification
of foreign-invested enterprises involving the special access management
measures as prescribed by the state.
(2) It shall be responsible for the recordation of the formation and
modification of foreign-invested enterprises not involving the special access
management measures as prescribed by the state and with the total investment of
over 30 million USD.
(3) It shall be responsible for the preliminary review and forwarding of the
projects within the scope of the approval power of the MOC.
2. The competent commerce departments of all districts and development zones
They shall be responsible for the recordation of the formation and modification
of foreign-invested enterprises that have the total investment of no more than
30 million USD (including 30 million USD) within their jurisdictions and that
do not involve the special access management measures required to be
implemented as prescribed by the state.
II. Supervision and administration
1. The competent commerce departments at all levels shall conduct supervisory
inspection over the compliance of relevant laws and regulations by the
foreign-invested enterprises and their investors.
2. The competent commerce departments at all levels may conduct supervisory
inspection by random inspection, inspection according to tip-offs, inspection
according to the suggestions of relevant departments or the judicial organs and
the information reported, launching inspection ex officio, and other methods,
and closely cooperate with the public security, state-owned assets, industrial
and commercial, customs, taxation, foreign exchange, securities and other
relevant administrations and strengthen information sharing. The circumstances
that a foreign-invested enterprise or its investors have any violation of any
law or regulation beyond the administrative responsibility scope of the
department found during the process of supervisory inspection shall be notified
to the relevant functional departments in a timely manner.
3. The competent commerce departments at all levels shall effectively perform
their functions and effectively complete the work of foreign investment
administration in strict accordance with the laws and regulations, and other
relevant provisions. The municipal competent commerce department shall conduct
inspection of, guidance to and personnel training for the foreign investment
administration of all districts and development zones. The competent commerce
departments of all districts and development zones shall strengthen the
training of handling personnel.
This Notice shall enter into force on January 1, 2017. The Notice of the
General Office of the People's Government of Xiamen Municipality on Issuing the
Provisions of the Xiamen Municipality on the Approval
Power of Foreign Investment Projects (No. 132 [2001], General Office
of the People's Government of Xiamen Municipality), the Notice of the General Office of the People's
Government of Xiamen Municipality on Forwarding the Opinions of the Foreign
Investment Administration of Xiamen Municipality on Delegating Some Approval
Matters for Foreign Investment Projects to Lower Levels (No. 222
[2009], General Office of the People's Government of Xiamen Municipality) and
the Notice of the General Office of the
People's Government of Xiamen Municipality on Forwarding the Opinions of the
Investment Promotion Bureau of Xiamen Municipality on Delegating Some Approval
Matters for Foreign Investment Projects to Lower Levels (No. 278
[2012], General Office of the People's Government of Xiamen Municipality) shall
be repealed on the date when this Notice comes into force. For any
discrepancies between the provisions previously issued by the Municipality and
this document, this document shall prevail.
General Office of the People's Government of Xiamen Municipality
December 22, 2016