CDCIC has a team of experts on foreign direct investment into China. Our professional advice is backed by experience derived from serving clients across a wide range of industries.

 

Large Investment Exceeding Local Approval’s Designated Authority

This client of ours is one of the world's largest personal care products manufacturers that entered China as early as 1988. In the past twenty years, it has made itself a huge success in China, and in the meantime, it has kept on investing back in China with its profits. It turned out that its total investment in China far exceeded the designated authority of the local government authority.

With the ability to accurately capture the fundamentals and implications of China's laws and regulations, as well as the effective communication channels with government departments at various levels, CDCIC has successfully helped this client secure approvals of various corporate transactions issued by the Ministry of Commerce within a desirably short period of time. Such transactions include but not limited to business scope expansion, capital increase and merger.

 

Licenses for Foreign Investment Projects Subject to Restrictions

Following China 's entry into WTO, step by step, China has been opening up many of the fields for foreign investment. Still, there are certain fields that require either a Chinese shareholder with minimum percentage of shares, or a few more years of waiting before foreign investment can get into them at all.

This client of ours is one of the largest hazardous goods transporters in the world, and was the first of its kind that entered China's market. CDCIC has successfully helped this client to apply for and obtain the license from the Ministry of Transport within a matter of months, which makes it the first foreign company that is entitled to engage in the hazardous goods transportation in Guangdong Province , and later in four other provinces in China .