Source: Yiwu sourcing agent Author: Helan Date: 2011-04-03
"Registration of Foreign Investment Partnership Regulations" were promulgated more than one year,currently, total foreign investment partnership more than 70. Last year, 48 enterprises with foreign investment partner, accounting for the total number of Qicheng, are incorporated in four months; investment amounted to 14.41 million yuan, the average 30 million contribution. Partnership with foreign and international companies in the legal from Singapore, Pakistan, Iraq, India, Egypt, more than 10 countries and regions, operates in the wholesale commodities, commodity information consulting, catering services, electronic products, wholesale and other industries.
Yiwu City of Industry, the person in charge, Yiwu unique environment for economic development has attracted many foreign merchants to purchase commodity Yiwu market. Because of policy constraints, these foreign investors can not get most of the main operational status, only to foreign companies as a representative of the resident representative active in the market. According to regulations, foreign representative office is established by law, does not have legal personality under the foreign enterprises engaged in business related activities of non-profit offices, with the exception of international treaties concluded or acceded to the Agreement otherwise provided, the representative body shall not engage in profit-making activities. Therefore, regardless of market regulatory authorities, or foreign, are expected to lower barriers to entry in the main form.
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