国际金融组织和外国政府贷款赠款管理办法
财政部
国际金融组织和外国政府贷款赠款管理办法
财政部令第38号
06-7-3
第一章 总则
第一条 为了进一步规范和加强国际金融组织和外国政府贷款、赠款管理,合理、有效地使用资金,根据国务院有关规定,制定本办法。
第二条 国际金融组织和外国政府贷款(以下简称贷款)以及赠款的管理工作适用本办法。
第三条 财政部负责贷款、赠款的管理工作,是政府外债的统一管理部门。
第四条 贷款、赠款的使用应当符合国民经济和社会发展战略,体现公共财政职能,促进经济社会和城乡区域协调发展。
第五条 贷款的筹借、使用、偿还应当体现责权利相统一的原则,实现债务可持续性和良性循环,有效防范和化解债务风险。
第六条 本办法下列用语的含义:
(一)贷款,是指国际金融组织贷款和外国政府贷款;
(二)国际金融组织贷款,是指财政部经国务院批准代表国家向世界银行、亚洲开发银行、国际农业发展基金、欧洲投资银行等国际金融组织统一筹借并形成政府外债的贷款,以及与上述贷款搭配使用的联合融资;
(三)外国政府贷款,是指财政部经国务院批准代表国家向外国政府、北欧投资银行等统一筹借并形成政府外债的贷款,国务院批准的参照外国政府贷款管理的其他国外贷款,以及与上述贷款搭配使用的联合融资;
(四)赠款,是指财政部或者财政部经国务院批准代表国家作为受赠方接受的、不以与贷款搭配使用为前提条件的国际赠款。
第二章 管理机构与职责
第七条 财政部对贷款、赠款实行统一管理,履行下列工作职责:
(一) 研究确定贷款、赠款的管理原则,制定基本规章制度;
(二) 会同国务院有关部门研究拟定贷款规划;
(三) 统筹开展贷款、赠款的对外工作,与国际金融组织和外国政府等进行磋商谈判并签订法律文件;
(四) 负责贷款、赠款的转贷、转赠、资金使用、偿还、统计、监测等;
(五) 对贷款、赠款活动进行政策指导、协调与监督。
第八条 地方财政部门是本级政府贷款的债权、债务代表和贷款、赠款归口管理机构,统一负责本地区贷款、赠款的全过程管理。
第九条 财政部直接转贷、转赠给国务院有关部门的项目,国务院有关部门应当确定中央项目执行机构,由其具体负责项目的组织实施。
第十条 财政部直接转贷、转赠给地方政府的跨省、自治区、直辖市的联合项目,需要国务院有关部门组织或者协调的,国务院有关部门应当确定中央项目协调机构,由其统一负责项目的指导、组织与协调工作。
第十一条 地方政府承担债务的贷款项目或者接受赠款的项目,地方政府应当确定地方项目执行机构,由其具体负责项目的组织实施。
第十二条 中央项目执行机构、中央项目协调机构和地方项目执行机构,在业务上接受同级财政部门的指导和监督,有关经费开支计划应当报同级财政部门审批或者备案。
第三章 贷款筹借
第十三条 贷款的筹借工作包括贷款申请、评审与评估、对外磋商与谈判、贷款法律文件签署与生效、转贷关系确定以及还款责任落实等。
第十四条 拟利用国际金融组织贷款的地方应当由省、自治区、直辖市、计划单列市财政部门以及新疆生产建设兵团财政局(以下简称省级财政部门)代表本级政府向财政部提交贷款申请书。
拟利用国际金融组织贷款的国务院有关部门和其他机构应当向财政部提交贷款申请书。凡债务由地方承担的,还应当附送省级财政部门出具的还款承诺函。
贷款申请书包括以下主要内容:
(一)贷款的目的和必要性;
(二)贷款项目主要内容;
(三)贷款资金及配套资金来源;
(四)转贷及债务偿还安排。
第十五条 财政部应当对贷款申请书进行审查,并根据本办法第四条、第五条的规定以及贷款方的要求等决定是否将贷款申请列入国际金融组织贷款规划。
第十六条 省级财政部门对已列入国际金融组织贷款规划的有关项目应当组织评审,并向财政部提交评审意见书。财政部根据评审意见书决定是否安排对外磋商谈判。评审事项主要包括:
(一)省级政府的债务负担和财政承受能力;
(二)贷款项目的财务效益、经济效益和社会效益;
(三)项目单位的财务状况和配套资金的落实情况;
(四)转贷安排、还款责任和还款资金来源等。
第十七条 按照不同的还款责任,外国政府贷款项目分为以下三类:
(一)省级财政部门或者国务院有关部门作为债务人并承担还款责任的项目;
(二)项目单位作为债务人并承担还款责任,省级财政部门或者国务院有关部门提供还款保证的项目;
(三)项目单位作为债务人并承担还款责任,转贷机构作为对外最终还款人的项目。在此类项目中,省级财政部门或者国务院有关部门既不作为债务人也不提供还款保证。
第十八条 省级财政部门对拟利用外国政府贷款的项目应当组织评审。评审事项按照本办法第十六条的规定确定
第十九条 省级财政部门应当就评审后符合要求的、拟利用外国政府贷款的项目向财政部提出申请,并提交以下材料:
(一)与债务人有关政府的债务负担情况;
(二)省级财政部门利用外国政府贷款申请书。贷款申请书应当说明项目简要情况、贷款项目的贷款来源、贷款金额、债务人、转贷机构、转贷类型和配套资金来源等情况;
(三)根据贷款方的要求需要提供的项目环境影响评估报告和英文可行性研究报告。
第二十条 财政部对省级财政部门提交的外国政府贷款申请材料予以审核确认后,应当根据贷款方的发展援助政策要求以及资金承诺情况,统一对外提出备选项目。
第二十一条 需要改变贷款国别和增加贷款金额的外国政府贷款项目,省级财政部门应当向财政部提出书面申请,并由财政部统筹考虑贷款方要求、项目实际需要及其他情况后确定。
第二十二条 财政部负责就符合条件的贷款项目与国际金融组织或者外国政府等进行贷款磋商谈判、组织签署贷款法律文件并办理生效事宜。其他部门应当协助财政部做好相关工作。
第二十三条 财政部负责根据外国政府贷款项目类型委托或者通知转贷机构及时办理评估等相关转贷手续。
第二十四条 外国政府贷款的转贷机构应当按有关规定与国外金融机构签定贷款法律文件、与债务人签署转贷协议,确保对外还本付息和资金垫付。
第四章 贷款使用
第二十五条 贷款使用主要包括贷款项目的采购、贷款资金支付、技术援助与人员培训、项目实施进度监测和报告等。
项目单位应当按照国家法律法规和贷款法律文件的规定,组织实施贷款项目。
第二十六条 地方政府承担债务的国际金融组织贷款项目,其出国计划、采购计划、采购代理机构的 选择等事项,应当经省级财政部门审核确认后执行。
其他国际金融组织贷款项目的出国计划应当经财政部审核确认后执行。采购计划、采购代理机构的选择应当报财政部备案。
经财政部审核确认的外国政府贷款项目,省级财政部门应当按照财政部有关规定组织或者指导、监督项目单位确定采购代理机构,并将结果报财政部备案。
第二十七条 采购代理机构应当根据委托代理协议,按照贷款方的要求对外国政府贷款项目依法开展采购工作。
第二十八条 贷款资金的使用应当符合贷款法律文件的规定,任何单位和个人均不得以虚报、冒领或者其他手段骗取贷款资金,不得以任何理由和形式滞留、截留、挪用贷款资金或者擅自改变贷款资金用途。
第二十九条 省级财政部门应当加强对国际金融组织贷款项目的管理与监督,有关工作事项主要包括:
(一)组织制定贷款项目管理制度,对贷款项目的资金、财务、债务管理工作进行指导与监督;
(二)监督贷款资金、配套资金的落实与使用;根据财政部的委托负责贷款资金的支付以及专用账户管理;负责贷款资金的债务分割以及贷款的还本付息付费;(三)会同其他有关部门对贷款项目采购工作进行指导与监督;
(四)其他与项目实施有关的监督和管理工作。
第三十条 地方、中央项目单位应当按照有关贷款法律文件的要求,分别经由省级财政部门或者直接向财政部及贷款方报送项目进度报告、财务报表及审计报告。
第三十一条 各级财政部门应当对项目执行情况实施监督检查,对发现的问题,应当责令项目单位采取有效措施,限期加以解决和纠正。
第三十二条 贷款项目完工后,项目单位应当及时办理竣工决算,对实施情况进行全面评价和总结,并根据有关规定编制、提交项目竣工报告,办理资产移交和登记手续。
各级财政部门应当指导和督促项目单位做好项目的后评价与总结。
第三十三条 贷款项目完工前,项目单位应当及时制订项目未来运营计划,监测项目的实际运行情况。
在还清贷款前,各级财政部门应当负责对项目运营计划的实施情况进行监督检查,并对项目的效益情况及时进行了解和分析。
第三十四条 国际金融组织贷款项目实施期间,项目单位应当按照国家财务会计制度和具体的贷款项目财务会计管理规定,对贷款项目进行独立的财务管理和会计核算,建立、健全内部财务会计制度。
第五章 债务偿还
第三十五条 贷款法律文件签署后,转贷机构以及债务人应当按照国家有关外债管理规定办理外债登记手续。
第三十六条 债务人应当严格遵守转贷协议,制定贷款项目到期本金、利息、承诺费及其他相关费用的偿还计划,保证按时足额偿还。
第三十七条 国际金融组织贷款项目的债务人应当按照财政部的有关规定,进行贷款债务会计核算和债务统计,及时编制本地区、本单位完整、准确的债权债务总体情况报告,并定期报送上级主管部门及同级地方政府。
外国政府贷款项目的转贷机构应当根据财政部和有关省级财政部门的要求及时提供债权债务统计信息和资料。
第三十八条 债务人应当按照财政部有关规定设立贷款还贷准备金,专项用于垫付国际金融组织和外国政府贷款到期债务。 各级政府的贷款还贷准备金由同级财政部门设立并管理。
第三十九条 各级财政部门应当建立政府外债的统计、监测、预警体系,防范和化解债务风险。
第四十条 债务人在遵循审慎原则和建立健全内部控制机制的基础上,可以根据法律、法规的规定运用金融工具保值避险。
债务人在选择交易对象时应当遵循竞争原则,在进行交易时避免损失本金。交易结束后,债务人应当将交易有关文件送财政部备案。
第四十一条 贷款项目竣工验收时,应当明晰产权关系和债权债务关系,防止国有资产流失和债务逃废。
第四十二条 债务人实行资产重组、企业改制等产权变更或者破产时,应当事先征得转贷机构和财政部的同意,必要时还需要征得贷款方的同意,并就有关债务偿还安排达成协议,保证优先偿还政府外债。
第六章 赠款管理
第四十三条 赠款管理包括赠款项目的前期工作、资金使用、完工评价与总结、资产管理等。
第四十四条 赠款项目的前期工作包括提出赠款申请、编制项目建议书、磋商与谈判、法律文件签署与生效、转赠关系的确立等内容。
地方财政部门应当加强对本地区赠款前期工作的协调与管理。
第四十五条 申请赠款的项目单位应当提出赠款申请,并附送项目概要。
中央项目单位应当直接向财政部申请并报送项目概要,地方项目单位应当通过省级财政部门向财政部申请并报送项目概要。项目概要内容主要包括:
(一)项目背景;
(二)项目目标;
(三)项目内容;
(四)项目预算;
(五)项目可持续性与示范作用;
(六)项目风险。
第四十六条 在财政部审查同意赠款申请以及项目概要后,中央项目单位应当直接向财政部报送项目建议书,地方项目单位通过省级财政部门向财政部报送项目建议书。
项目建议书的内容主要包括:
(一)项目目标;
(二)项目必要性和可行性;
(三)项目活动;
(四)项目实施计划和组织安排;
(五)项目预算;
(六)项目质量和风险控制;
(七)项目成果应用及推广;
(八)监测与评估。
第四十七条 财政部根据审核通过的项目建议书,负责与国际金融组织或者外国政府进行磋商谈判、组织签署赠款法律文件并办理生效事宜。其他部门应当协助财政部做好相关工作。
第四十八条 财政部可以直接或者委托其他机构与国内受赠方签署转赠协议或者执行协议,规范双方的权利和义务,并根据财政部有关规定收取赠款总额1%的有偿使用费。
与贷款搭配使用的联合融资中的赠款的有偿使用费的收取按照前款规定办理。
第四十九条 赠款资金的使用应当符合赠款法律文件的规定,任何单位和个人均不得以虚报、冒领或者其他手段骗取赠款资金,不得以任何理由和形式滞留、截留、挪用赠款资金或者擅自改变赠款资金用途。
第五十条 赠款项目单位应当建立、健全内部财务会计监督制度;按照财政部有关赠款项目财务与会计管理的规定,对项目进行独立的财务管理和会计核算;按照赠款法律文件的要求,制定项目实施计划、组织项目实施、办理竣工决算、编制报送完工报告;向财政部门及赠款方报送项目实施情况报告和审计报告。
第五十一条 赠款项目完工前,财政部应当根据国家有关规定与赠款法律文件的要求明确赠款形成资产的所有权归属和处置方式。
赠款形成的资产为国有资产的,有关单位应当参照本办法第四十一条及其他国家有关规定防止国有资产流失。
第七章 法律责任
第五十二条 项目单位违反本办法第三十一条的规定,没有解决和纠正监督检查中所发现问题的,财政部门可以对其采取暂停贷款资金支付、要求退回已支付资金、暂停出国计划审批等措施。
第五十三条 项目单位违反本办法第三十四条、第五十条规定的,由财政部门责令限期改正,并可以依照国家有关会计管理的法律、法规规定进行处罚。
第五十四条 债务人违反本办法第三十六条规定,没有按时足额偿还贷款项目到期本金、利息、承诺费及其他相关费用的,财政部门可以采取以下措施:
(一)收取资金占用费或者违约金;
(二)暂停新贷款项目的准备工作;
(三)暂停贷款项目出国计划的审批和执行;
(四)暂停贷款项目的资金支付;
(五)加速贷款项目未到期债务的偿还;
(六)通过预算扣款或者其他方式依法予以清收。
第五十五条 违反本办法规定,以虚报、冒领或者其他手段骗取贷款资金的,或者滞留、截留、挪用及其他违反规定使用贷款资金的,或者从政府承贷或者担保的贷款中非法获益的,依照《财政违法行为处罚处分条例》(国务院令第427号)以及相关法律、法规规定处理。
第五十六条 对于违反本办法第四十九条规定的,由财政部门责令限期改正,情节严重的,予以警告,并可以采取暂停赠款资金支付、暂停出国计划审批等措施。
第五十七条 财政部门、项目主管部门的工作人员在贷款、赠款的管理、资金使用和偿还过程中,贪污受贿、滥用职权、玩忽职守、徇私舞弊的,依法给予行政处分。
第八章 附则
第五十八条 国务院有关部门、计划单列企业集团以及中央管理企业拟利用外国政府贷款、赠款项目的,参照本办法执行。
第五十九条 转贷机构可以根据本办法制定具体的实施办法。
第六十条 本办法自2006年9月1日起施行。
国务院关于鼓励华侨和香港澳门同胞投资的规定(附英文)
国务院
国务院关于鼓励华侨和香港澳门同胞投资的规定(附英文)
1990年8月19日,国务院
规定
第一条 为促进我国经济发展,鼓励华侨和香港澳门同胞(以下统称华侨、港澳投资者)在境内投资,制定本规定。
第二条 华侨、港澳投资者可以在境内各省、自治区、直辖市、经济特区投资。
鼓励华侨、港澳投资者依照国家有关规定从事土地开发经营。
第三条 华侨、港澳投资者在境内可以下列形式进行投资:
(一)举办华侨、港澳投资者拥有全部资本的企业;
(二)举办合资经营企业、合作经营企业;
(三)开展补偿贸易、来料加工装配、合作生产;
(四)购买企业的股票和债券;
(五)购置房产;
(六)依法取得士地使用权,开发经营;
(七)法律、法规允许的其他投资形式。
第四条 华侨、港澳投资者可以在境内的工业、农业、服务业以及其他符合社会和经济发展方向的行业投资。华侨、港澳投资者可以从各地方人民政府有关部门公布的项目中选择投资项目,也可以自行提出投资项目意向,向拟投资地区对外经济贸易部门或者地方人民政府指定的审批机关申请。
国家鼓励华侨、港澳投资者投资举办产品出口企业和先进技术企业,并给予相应的优惠待遇。
第五条 华侨、港澳投资者在境内投资举办拥有全部资本的企业、合资经营企业和合作经营企业(以下统称华侨、港澳同胞投资企业),除适用本规定外,参照执行国家有关涉外经济法律、法规的规定,享受相应的外商投资企业待遇。
华侨、港澳投资者在境内进行其他形式的投资,以及在境内没有设立营业机构而有来源于境内的股息、利息、租金、特许权使用费和其他所得,除适用本规定外,也可以参照执行国家有关涉外经济法律、法规的规定。
第六条 华侨、港澳投资者可以用可自由兑换货币、机器设备或者其他实物、工业产权、专有技术等作为投资。
第七条 华侨、港澳投资者在境内的投资、购置的资产、工业产权、投资所得利润和其他合法权益受国家法律保护,并可以依法转让和继承。
华侨、港澳投资者在境内的活动应当遵守国家的法律、法规。
第八条 国家对华侨、港澳投资者的投资和其他资产不实行国有化。
第九条 国家根据社会公共利益的需要,对华侨、港澳同胞投资企业实行征收时,依照法律程序进行并给予相应的补偿。
第十条 华侨、港澳投资者投资获得的合法利润,其他合法收入和清算后的资金,可以依法汇往境外。
第十一条 华侨、港澳同胞投资企业在其投资总额内进口本企业所需的机器设备、生产用车辆和办公设备,以及华侨、港澳同胞个人在企业工作期间运进自用的、合理数量的生活用品和交通工具,免缴进口关税、工商统一税,免领进口许可证。
华侨、港澳同胞投资企业进口用于生产出口产品的原材料、燃料、散件、零部件、元器件、配套件,免缴进口关税、工商统一税,免领进口许可证,由海关实行监管。上述进口料件,如用于在境内销售的产品,应当按照国家规定补办进口手续,并照章补税。
华侨、港澳同胞投资企业生产的出口产品,除国家限制出口的外,免缴出口关税和工商统一税。
第十二条 华侨、港澳同胞投资企业可以向境内的金融机构借款,也可以向境外的金融机构借款,并可以本企业资产和权益抵押、担保。
第十三条 华侨、港澳同胞投资者拥有全部资本的企业,经营期限由投资者自行确定;合资经营企业和合作经营企业,经营期限由合资或者合作各方协商确定,也可以不规定经营期限。
第十四条 合资经营企业董事会的组成和董事长的委派、合作经营企业董事会或者联合管理机构的组成和董事长或者联合管理机构主任的委派,可以参照出资比例或者合作条件,由合资或者合作各方协商决定。
第十五条 华侨、港澳同胞投资企业依照经批准的合同、章程进行经营管理活动。企业的经营管理自主权不受干涉。
第十六条 在境内投资的华侨、港澳同胞个人以及华侨、港澳同胞投资企业从境外聘请的技术和管理人员,可以申请办理多次入出境的证件。
第十七条 华侨、港澳投资者在境内投资可以委托境内的亲友为其代理人。代理人应当持有具有法律效力的委托书。
第十八条 在华侨、港澳同胞投资企业集中的地区,华侨、港澳投资者可以向当地人民政府申请成立华侨、港澳投资者协会。
第十九条 华侨、港澳投资者在境内投资举办合资经营企业、合作经营企业,由境内的合资、合作方负责申请;举办华侨、港澳投资者拥有全部资本的企业,由华侨、港澳投资者直接申请或者委托在境内的亲友、咨询服务机构等代为申请。华侨、港澳投资者投资举办企业的申请,由当地对外经济贸易部门或者地方人民政府指定的审批机关统一受理。
华侨、港澳同胞投资企业的审批,按照国务院规定的权限办理。各级对外经济贸易部门或者地方人民政府指定的审批机关应当在收到全部申请文件之日起四十五天内决定批准或者不批准。
申请人应当在收到批准证书之日起三十天内,按照有关登记管理办法,向工商行政管理机关申请登记,领取营业执照。
第二十条 华侨、港澳投资者在境内投资因履行合同发生的或者与合同有关的争议,当事人应当尽可能通过协商或者调解解决。
当事人不愿协商、调解的,或者协商、调解不成的,可以依据合同中的仲裁条款或者事后达成的书面仲裁协议,提交境内或者其他仲裁机构仲裁。
当事人没有在合同中订立仲裁条款,事后又没有达成书面仲裁协议的,可以向人民法院起诉。
第二十一条 本规定由对外经济贸易部负责解释。
第二十二条 本规定自发布之日起施行。
PROVISIONS OF THE STATE COUNCIL CONCERNING THE ENCOURAGEMENT OFINVESTMENTS BY OVERSEAS CHINESE AND COMPATRIOTS FROM HONG KONG AND MACAO
Important Notice: (注意事项)
英文本源自中华人民共和国务院法制局编译, 中国法制出版社出版的《中华人民
共和国涉外法规汇编》(1991年7月版).
当发生歧意时, 应以法律法规颁布单位发布的中文原文为准.
This English document is coming from the "LAWS AND REGULATIONS OF THE
PEOPLE'S REPUBLIC OF CHINA GOVERNING FOREIGN-RELATED MATTERS" (1991.7)
which is compiled by the Brueau of Legislative Affairs of the State
Council of the People's Republic of China, and is published by the China
Legal System Publishing House.
In case of discrepancy, the original version in Chinese shall prevail.
Whole Document (法规全文)
PROVISIONS OF THE STATE COUNCIL CONCERNING THE ENCOURAGEMENT OF
INVESTMENTS BY OVERSEAS CHINESE AND COMPATRIOTS FROM HONG KONG AND MACAO
(Promulgated by Decree No. 64 of the State Council of the People's
Republic of China on August 19, 1990, and effective as of the date of
promulgation)
Article 1
These Provisions are formulated with a view to promoting the economic
development of our country and to encouraging overseas Chinese and
compatriots from Hong Kong and Macao (hereinafter referred to as "overseas
Chinese investors and those from Hong Kong and Macao") to make investments
in China's inland areas.
Article 2
Overseas Chinese investors and those from Hong Kong and Macao can make
investments in the various provinces, autonomous regions, municipalities
directly under the Central Government, and special economic zones in
China's inland areas.
Overseas Chinese investors and those from Hong Kong and Macao are
encouraged to engage themselves in business operations of land development
in accordance with the pertinent regulations of the state.
Article 3
The investments made by the overseas Chinese investors and those from Hong
Kong and Macao may take the following forms:
(1) to establish enterprises with the capital wholly owned by the overseas
Chinese investors and those from Hong Kong and Macao;
(2) to establish equity joint ventures and contractual joint ventures;
(3) to carry out compensation trade, to process supplied materials, to
assemble supplied parts, and to carry out contractual production;
(4) to purchase shares and various bonds and debentures of existing
enterprises;
(5) to purchase real estate;
(6) to obtain land use right according to law and to engage in land
development operation;
(7) to use other forms of investment permitted under the laws and
regulations.
Article 4
Overseas Chinese investors and those from Hong Kong and Macao can make
investments in various trades in China's inland areas: in industries, in
agriculture, in service trades, and in other trades that are in conformity
with the orientation of social and economic development. Overseas Chinese
investors and compatriots from Hong Kong and Macao may select their
investment projects from the lists of projects made public by the
departments concerned under various local people's governments; they may
also put forward, of their own accord, proposals as to their investment
intent and file their applications to the departments of foreign economic
relations and trade or to the examining and approving organs designated by
various local people's governments located in areas where they intend to
make their investments.
The State encourages overseas Chinese investors and those from Hong Kong
and Macao to make investments in the establishment of export-oriented
enterprises and of technologically advanced enterprises, and gives
corresponding preferential treatment to such enterprises.
Article 5
With respect to the various types of enterprises established with
investments by overseas Chinese investors and those from Hong Kong and
Macao - enterprises with the capital wholly owned by such investors
equity, joint ventures, and contractual joint ventures (hereinafter
referred to as "enterprises with investments by overseas Chinese and
compatriots from Hong Kong and Macao"), they shall all be operated in
accordance with these Provisions; in addition, they may also enjoy the
corresponding preferential treatment as enjoyed by enterprises with
foreign investments, in the light of the relevant provisions in the state
laws, decrees and regulations on external economic relations. Cases
concerning other forms of investment made by such investors in China's
inland areas, and concerning their dividends, interest, rental, royalties
and other incomes that come from China's inland areas without establishing
business offices here, shall be handled in accordance with these
Provisions, and, if need be, with reference to foreign-related economic
laws, decrees and regulations of the State.
Article 6
Overseas Chinese investors and those from Hong Kong and Macao may make
their investments by using convertible currencies, machinery and equipment
or other physical goods industrial property rights, and proprietary
technology.
Article 7
The investment made in China's inland areas by overseas Chinese investors
and those from Hong Kong and Macao, the assets they have purchased, their
industrial property rights, the profits from their investments, and other
lawful rights and interests shall be protected by State laws, and may be
transferred or inherited according to law. Overseas Chinese investors and
those from Hong Kong and Macao shall abide by State laws and regulations
in their activities in inland areas.
Article 8
The State shall not nationalize the investment made by overseas Chinese
investors and compatriots from Hong Kong and Macao or other assets
belonging to them.
Article 9
Where the state, in accordance with the needs of social and public
interest, has to requisition the enterprises with investments by overseas
Chinese investors and those from Hong Kong and Macao, the state shall
handle the case according to the legal procedures and the investors
concerned shall be duly compensated.
Article 10
The lawful profits gained by overseas Chinese investors and those from
Hong Kong and Macao from their investments, their other lawful incomes and
the funds after liquidation may be remitted out of China's inland areas
according to law.
Article 11
Machinery and equipment imported to meet the needs of enterprises with
investments by overseas Chinese and compatriots from Hong Kong and Macao
and, included in the total amount of investment, motor vehicles for use in
production, office equipment, as well as articles and means of
communications for personal use and within reasonable quantities, imported
by overseas Chinese and compatriots from Hong Kong and Macao during the
period when they work in the aforesaid enterprises shall be exempted from
Customs duties and consolidated industrial and commercial tax, and also
from the application for import licences.
The raw and processed materials, fuels, bulk parts, spare and component
parts, primary parts, and fittings, which are imported by enterprises with
investments by overseas Chinese and compatriots from Hong Kong and Macao
for the production of export commodities, shall all be exempt from Customs
duties and consolidated industrial and commercial tax and also from the
application for import licences and placed under the supervision of the
Customs. In case that the aforesaid imported materials and parts are used
for the production of commodities to be sold on China's inland markets, it
is imperative to make up the procedures for importation and to pay taxes
and duties according to the regulations.
The export commodities produced by the enterprises with investments by
overseas Chinese and compatriots from Hong Kong and Macao shall, with the
exception of those commodities the exportation of which is under
restriction by the State, be exempt from Customs duties on export goods
and consolidated industrial and commercial tax.
Article 12
Enterprises with investments by overseas Chinese and compatriots from Hong
Kong and Macao may obtain loans from financial institutions in China's
inland areas; they may also obtain loans from financial institutions
outside China's inland areas, and may use their assets as well as their
rights and interests as mortgage or security.
Article 13
With respect to enterprises with the capital wholly owned by overseas
Chinese investors and compatriots from Hong Kong and Macao, their period
of operation shall be determined by the investors themselves; as to equity
joint ventures and contractual joint ventures, their period of operation
shall be determined, through consultation, by the various parties to the
above-said joint ventures; they may also set no limit to the period of
operation.
Article 14
The composition of the board of directors of joint ventures and the
appointment of the chairman of the board of directors, the composition of
the board of directors or of the joint management organs of contractual
joint ventures and the appointment of the chairman or the appointment of
the director of the joint management organs, shall be determined, through
consultation, by the various parties to the equity joint ventures or to
the contractual joint ventures in the light of the proportion of
investments or the terms of contract.
Article 15
Enterprises with investments by overseas Chinese and compatriots from Hong
Kong and Macao shall conduct their operational and management activities
in accordance with the approved contract or articles of association. The
enterprises' decision-making power for business operations and management
shall not be interfered with.
Article 16
Overseas Chinese and compatriots from Hong Kong and Macao who have made
investments in China's inland areas, and the technical and managerial
personnel engaged from outside the boundaries of China's inland areas by
enterprises with investments by overseas Chinese and compatriots from Hong
Kong and Macao, may apply for multi-journey travel documents.
Article 17
Overseas Chinese investors and those from Hong Kong and Macao who make
investments in China's inland areas may appoint their relatives or friends
residing in the inland areas as their agents. The agents should hold
legally effective letters of authority.
Article 18
In areas where enterprises with investments by overseas Chinese and
compatriots from Hong Kong and Macao are concentrated, overseas Chinese
investors and those from Hong Kong and Macao may apply to the local
people's government for the establishment of the association of overseas
Chinese investors and investors from Hong Kong and Macao.
Article 19
With respect to equity joint ventures and contractual joint ventures to be
established in China's inland areas, with the investments by overseas
Chinese investors and those from Hong Kong and Macao, the application for
the establishment of the aforesaid enterprises shall be filed by the
inland party; as to the enterprises to be established with capital wholly
owned by overseas Chinese investors and those from Hong Kong and Macao,
the application shall be filed directly by such investors themselves, or
they may entrust their relatives or friends residing in China's inland
areas, or entrust the institution providing consultancy services, with the
application. Applications for the establishment of enterprises with
investments by overseas Chinese and compatriots from Hong Kong and Macao
shall be accepted and handled exclusively by the local department for
foreign economic relations and trade, or by the examining and approving
organs designated by the local people's government.
The examination and approval of the applications for the establishment of
enterprises with investments from overseas Chinese and compatriots from
Hong Kong and Macao shall be handled in accordance with the authorization
by the State Council. Departments for foreign economic relations and trade
at the various levels or the examining and approving organs designated by
the local people's government shall, within forty-five days of receipt of
complete application documents, make the decision on whether the said
application is approved or disapproved.
The applicant shall, within thirty days of receipt of the written
approval, file an application to the department for the administration of
industry and commerce, and, in accordance with the relevant procedures for
registration and administration, go through the procedures for
registration and obtain the business licence.
Article 20
With respect to overseas Chinese investors and those from Hong Kong and
Macao who have made investments in China's inland areas, in case that a
dispute arises during the execution of or in relation to a contract, the
parties concerned shall try their best to settle the dispute through
consultation or mediation.
In case that the parties concerned are unwilling to settle the dispute
through consultation or mediation, or the dispute cannot be settled
through consultation or mediation, the parties concerned may, in
accordance with the stipulations of the arbitration articles in the
contract, or in accordance with the written arbitration agreement reached
by the parties concerned after the dispute has arisen, submit their
dispute to the arbitration authorities in China's inland areas or
elsewhere for settlement.
In the event that the parties concerned did not specify an arbitration
article in their contract, and no written arbitration agreement has been
reached after the dispute occurs, then the dispute may be brought before
the people's court.
Article 21
The right to interpret these Provisions rests with the Ministry of Foreign
Economic Relations and Trade.
Article 22
These Provisions shall go into effect as of the date of promulgation.