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Easier Entry For Some Foreign-Invested Companies
February 7, 2006 | By ChinaRetailNews.com Editor |
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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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