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The National People’s Congress Standing Committee has authorized the Cabinet to suspend administrative approvals for foreign-funded enterprises, Chinese-foreign equity joint ventures and Chinese-foreign contractual joint ventures in the planned free trade zone, the Xinhua news agency reported.China’s top legislature yesterday gave its approval to the State Council to suspend three laws pertaining to the planned free trade zone FTZ LAWS in Shanghai.
China has been trying to speed up the transformation of government functions and to innovate the mode of opening up.
The suspension will last for three years starting from October 1. WFOE Company Registration Process The laws will be amended and improved if the suspension of administrative approvals during the trial period prove successful,Xinhua reported.
If they do not help,the laws will be back in force.Investment Consulting: Shanghai Business Registry,Consulting on foreign investment laws, regulations and policies, Perennial Consultant;kingyee Shanghai company registration agency firm is belong to Kingyee Shanghai foreign investment consulting service center.It is one of few conprehensive foreign investment service organizations in which have 《Units registration agency》qualification in Shanghai.Main business including:Registration of Shanghai foreign investment company,approval of units name,manage business license, taxation registration,and finacial consulting as agents.
“The suspension of the laws reflected the authorities’ determination to deepen reforms by decentralizing executive power and would provide an impetus for Shanghai’s development,” said Chen Li, a strategic analyst with the UBS Investment Research.
The State Council said earlier this week that a negative-list management method and a registration mechanism will be introduced in the pilot free trade zone to replace the current approval system in order to cut bureaucracy for foreign investors.
The State Council has also proposed to suspend the law on the protection of cultural relics in the zone to allow foreign participation in the antique auction business,but the Xinhua report made no mention of any decision on the proposal.
China last week officially gave the nod to Shanghai to run a trial free trade zone,the first of its kind in the country.
Encompassing an area of 28.78 square kilometers,the pilot zone will cover Waigaoqiao Free Trade Zone,Waigaoqiao Bonded Logistic Zone,Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone.
Shares of Shanghai Waigaoqiao Free Trade Zone Development Co, WFOE Registration operator of two of the four bonded zones, surged by the daily limit of 10 percent yesterday after it announced a refinancing plan.
Waigaoqiao plans to raise up to 2.7 billion yuan (US$443 million) at 13.2 yuan per share through a private offering,the company said in a filing to the Shanghai Stock Exchange yesterday.Shares of Waigaoqiao closed at 14.85 yuan yesterday.
The company said it will use 2.1 billion yuan of the proceeds to build five projects,including a regional headquarters center for multinational companies,a distribution center for Asia-Pacific region and platforms for logistics, trading and modern services.
The company will use the remaining 600 million yuan to replenish cash flow.
Waigaoqiao said it is the only listed company among the operators in the zones and it will undertake the financing task for the development of the zone.The company said its net profit soared 400.8 percent year on year to 526 million yuan in the first half of this year.Revenue rose 37.2 percent to 3.98 billion yuan.
<Shanghai Free Trade Zone Company Registration Policies>,
<Shanghai FTZ signals further reform,opening up>,
<China’s Congress discusses Shanghai FTZ>.
Shanghai Free Trade Zone Company Registration Policies
Introduction of Shanghai Free Trade Zone Company Registration Policies
The preferential policies and simplified tax&custom approval of company registration in FTZ of Shanghai has brought worldwide investors to this 28 Square KM land.The approval of FTZ will mainly have influences on company registration,taxation,import&export and other legal issues.The vigorously promotion of FTZ have expedited the construction of Shanghai’s global trade center,financial center and shipping center.
According to the policy summarizing of FTZ by KingYee China business legal team,following is the elaboration of main policy,company registration,virtual address of registration,warehouse and etc.
1.Geographical advantages of FTZ,Located in port area,near the exit of Yangtz River and Pu Dong international airport.This advantages have decided this area’s got a very strong logistics transportation systems.
2.Bonded policy have brought advantages like products entry without customs duties or import linkage tax,Company Law China.tax lagging,inconformity settlement of foreign exchange capital and product flow which can not be taken in other areas.
3.Associated industries,Basic highways,wharf,airports are the best choice for 15,649 foreign enterprises from 120 countries.
4.Applicable industries,Trading,import&export,wine,foods and all Chinese labeled industries.Export manufacture,logistics and domestic trading.
5.Custom clearance,Offsite custom clearance,no time limits for cancellation,trade settlement with US dollars,cargo transshipment,logistics,domestic trading.
6.Financial and foreign exchange,Global offshore financial business,trans boundary CNY business and loosen regulation policy of foreign exchange.
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In China, there are following five main company types:WFOE,EJV,CJV,RO and branch institutions.About 80% of our Kingyeechina’s clients would choose register in the form of WFOE.
Kingyeechina is endowed with the best and most professional bilingual staff,and the most reliable government resources ,and the legal team with a wealth of experience in handling all kinds of cases.We aim to provide efficient and professional legal consulting and legal advice for those foreign investors to do business in China .
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Shanghai, July 11,2013 — After a year of the nationwide implementation of the latest stipulations of “China’s Organic Agriculture Certification”, which was enacted by Certification and Accreditation Administration of China (CNCA) and regarded as the world’s toughest rule on organic industry, Chinese organic enterprises have undergone a reshuffle and accelerated its pace of industrial upgrading. This year has witnessed a great surge of demand in domestic organic food market due to the rise of food safety concern and environmental awareness, lifestyle improvement, as well as the continuous development of global organic food market. There is a voice inside the circle that as Asian’s largest organic food producer, China’s organic industry has not only recovered from the reshuffle, but also started to step into a booming phase of rapid growing and upgrading as a whole. The 7th Biofach China held in Shanghai this May could be described as a sign of the revival: 261 exhibitors attended this largest organic product fair in China, a sharp rise in number over the 189 of year 2012. With the theme of Eco-environment protection rather than conventional slogan of organic food consumption, the fair also extended its product range from organic food to daily necessities such as organic toys, organic mother and baby products, organic cosmetics, eco-friendly detergents, etc. A group of Chinese organic enterprises emerged as industry leaders with their grandiose stage array and on-spot events at the fair, such as Tony’s Farm, Beijing Organic and Beyond, Jinyuan Organic, Shanghai Organic, Tang Dynasty Farm and Shinho, etc. Almost all the exhibitors boasted of their products with traceable digital label – a compulsory unified label by CNCA’s new regulation taking effect last July 1st to ensure authenticity in organic foods, which helps a lot to restore costumer’s confidence and becomes the media focus. This fair also successfully attracted international exhibitors from Germany, France, Danmark, Korea, and USA. The booths with imported organic formulas are among the most crowed ones at the fair. The fair organizer NurnbergMesse China also arranged an investigating tour for the experts from Israel, Italia and Austria to visit organic farms, enterprises and stores in Shanghai, Yantai and Beijing.
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The success of this fair undoubtedly boosted the confidence of China’s organic circle, whereas the industry insiders share a common idea that as juvenility in the world’s organic family, China’s organic industry must confront a series of issues laid on the way:
– When will organic products be popularized and eventually enter the era of mass consumption?
– Can the ‘new rule’ really terminate the initial chaos in domestic organic market?
– Is there any real qualified executive ability to thoroughly carry out this toughest “new rule”?
– How to effectively guarantee the environmental safety of the sounding area of organic farmlands?
– Is it sure there is no any secondary pollution during all steps of the processing and distribution?
– Will there be another trust crisis to break out in domestic organic market?
-Regarded as referees living off sportsmen, how can the certification institutes of organic product work as independent and impartial judges?
– Is the certification procedure conducted precisely enough to ensure a flawless result?
– What about the relevant accountability system and social supervising mechanism?
– Can a self-disciplined enterprise survive this competitive market without utilizing any of the system’s loopholes or practicing any cheating or corruptive activities?
– Will there be a definite success mode for Chinese organic enterprises in the nearly future?
– How will the government continue its administration measures and supporting policies on China’s organic industry?
These are the questions haunting China’s organic market. In this regard, it is not springtime for this industry who just survive the winter.
Organic Food = Luxury Goods ?
In recent years, the promotion for health & organic lifestyle has taken effect; there is some achievement in the market cultivation. The increasing public attention to food safety also increases the market demand. Nevertheless, the high price of organic products is still the main barrier to mass market: organic potato – 20 Yuan ($3.2)/500g, organic carrot – 30Yuan ($4.8)/500g, etc. The price of organic vegetables in supermarket is 3-10 times the conventional ones, which is quite out of financial reach of mass customers, and also astonishes the international organic professionals. Dr.Ornit Raz, CEO of Israel Bio Organic Agriculture Association, told the writer that the prices of fresh organic vegetables are only a little higher than the conventional ones, with 2 times as the maximum. So are the prices around the world. Mr.Shi, Chef of Organic Farm stores in Beijing mentioned that most of their customers are mid-aged; they buy the organic food for their kids or give it to elders as presents. Young or mid-aged people don’t normally eat it themselves. Mr.Ma Aiguo, Director of Agricultural Products Quality Safety Supervision Bureau of China’s Agriculture Ministry, explained that due to the high cost but low productivity, organic food is still a high-end product for order-driven market. Thus, one can conclude that organic foods are still regarded as luxury products by Chinese household consumers.
Market Chaos Effectively Contained While Violations Continuing
According to the CNCA’s rule, each organic product on market should bear a unique 17-digit traceable label which enables the supervision department to trace the whole chain from origin to retail. For those agriculture products harvested from the farmlands in conversion period, the products should be labeled as “China’s Organic Conversion Product “during the sale. Moreover, Chinese government is still in negotiation with foreign organic associations on issue of mutual recognition of organic products. For the time being, all imported organic products are subject to be certificated again in China. Otherwise, the products are not allowed to sell under the name of “organic” in any form. This “new rule” definitely imposes higher criteria on domestic organic market, leading to an optimization and a reshuffle of Chinese organic circle. As a consequence, the previous chaos in organic market was effectively contained, market confidence was restored.
However, “strict rules” need “reinforcement”. In organic market cheatings still continue, and frequently exposed by media: conventional vegetables in similar package are often put onto organic stock in some supermarket; foods with faked label are claimed as organic product by some stores; Conversion products sometimes are promoted as organic products without the special label or any notification of “Organic Conversion Product”. Comparing with those dishonest cheatings, it is relatively understandable by the popular that some organic exclusive stores have to sell both organic vegetables and conventional vegetables to maintain the business.
There is always a claim of “No pollution, Zero residue” on organic market by some producers. Even some specialists give endorsement to the “zero residue” concept. Austrian organic businessman Mr. Johannes Huber argued that it is impossible to achieve a zero chemical residue either in term of scientific explanations or in Austrian organic agriculture practice. In a passive stance, the writer explained that the residue value is too low to be detected by measuring instruments, so it is just a Chinese metaphorical expression. As a matter of fact, there is a definite description in term 184.108.40.206 of “China’s Organic Agriculture Certification”: All the residue of substance allowed in organic production or processing should be in accordance with the relevant stipulations and standards. For those prohibited materials, the residue should not be detected. Obviously, it is by no means a responsible slogan of “Zero residue”.
In addition, it is worth taking notice that this year there is an increasing number of exhibitions or fairs under the name of “organic” all over the country. Some of them are really “faked” ones, having no direct relation with real organic concept but just using this name. Disputes and complaints against these fairs have caused negative effects on the whole industry.
Environmental Problems in Organic Farmland
The concept of organic farming originated as early as in 1930s. In 1970s, global concerns over industrial pollution and environment deterioration in developed countries of America, Europe and Japan spurred to launch a worldwide organic farming movement with the aim of environment protection, sustainable economic development and life quality improvement.
However, in recent years, China is confronting an extremely serious environmental crisis. Along with air and water pollution, soil contamination is a direct threat to organic farmlands. The pollution control for agricultural ecosystems & environment is absolutely a pain-taking work in those highly industrialized provinces and the surrounding areas of metropolitan cities.
Situations are even worse in small organic farms, with direct pollution threat from the surrounding farm fields. In a visit to an organic greenhouse, foreign agriculture experts quickly discerned the withered weeds by herbicides in the adjoining cherry farm just several meters away from the greenhouse. National Standard for Organic Products (GB/T 19630-2011, Part one: Production, Section 5.4: buffer strip) clearly stipulated that pollution risk assessment should be conducted to the conventional fields adjacent to organic farmland. In case there is the risk, buffer strip or physical barrier should be installed between the two areas. Products from the strip or barrier cannot be certificated as organic ones. But there are no clear-cut regulations in the clauses concerning the type and width of the buffer strip. To substantially protect the organic farmland from any conventional fertilizer, herbicide or pesticide pollution, rules in more details as well as effective implementation are expected in this regard.
Good at Rule-making but Poor in Executing, Authority Challenged in Certification Process
The new rule of “China’s Organic Agriculture Certification” is no doubt a good move to China’s organic industry. But to fully implement the rule is another story. The system designing should be improved, in addition to supervision strengthening and enterprises’ self-discipline.
Recently, 2 articles launched crusade against the system loopholes in organic product certification: “Chaos Haunting Organic Market, Strict Rules Need Close Supervision”(May.31, 2013,www.cnr.cn) and ” Organic Chaos: Self-proving in Certification Exposes Loopholes Within Management”(June.4,2013, Chinese Enterprises Daily). The 2 articles were respectively reposted by a series of Chinese mainstream websites such as xinhuanet.com, China.com.cn, Huanqiu.com, Sina.com, Hexun.com, cfi.net.cn .21cbh.com,etc. The most prominent problem revealed by the articles is as follows:
Nowadays, the 23 organic certification institutes in China could be classified into 3 categories: subordinates to Ministry of Agriculture such as COFCC, affiliates to science research institutes at universities, and private ones. All the certification institutes live on the certification fees by organic enterprises, which put them into a dilemma as “referees living off sportsmen”. Meanwhile, it is a normal practice of Self-proving in organic food inspection, i.e., organic food producers can present records of production process to prove “no problem” by themselves. Thus, dishonest producers can take advantage of the loophole, apply prohibited pesticides and fertilizers to organic fields.
Although all the certification institutes are under the administration of CNCA, a subordinate body to General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China (AQSIQ), most of them are with “unfathomed” background, such as Ministry of Agriculture, Ministry of Environmental Protection, etc. “It is hard to penalize a certification institute with sufficient problems proved, due to the resistance from other government department — the background.” “After finding out the problems in certain organic food enterprise, PR company appears immediately. Then things are left unsettled, which always frustrate the inspectors.” “There must be some problems with the system designing for certification institutes,” An insider told Chinese Enterprises Daily.
No Worry About Capital but Waiting for the Heyday
“Capitals swarm into China’s organic industry. They do make much profit from it but still anticipate more. Since the market are not as ideal as expected, enterprises feel great pressure in operation.” Mr,Zhang Yu, Marketing Director of Jiangxi Jinyuan Agriculture Development Co. Ltd., gives his comments on domestic organic investment and business operation.
In 2008, Jiangxi Jinyuan decided to expand its business into organic industry. It attracted more than a dozen investors’ interest and finally signed the investment agreement with SAIF and DT Capital Partners with a total value of tens of millions USD, accounting for 20% and 10% shares respectively. Unfortunately, due to the change of export policy and company’s group settings, Jinyuan failed in achieving the annual profit of RMB 75 million Yuan and lost 20% shares to the investors as compensation In 2011, Jinyuan successfully obtained financing from IFC, a member of the World Bank Group, and Ping’an Innovation Capital, with a total value of hundreds of millions Yuan. Founder of Jinyuan Mr.Chen Gengsheng told the writer that the 2 successful cases of financing show China’s organic industry has become an investment choice of capitals.
In 2009, Tang Dynasty Group, which operates high-end restaurants in Shanghai, put investment into Shanghai Tech-BIA Agricultural Development Co. Ltd, establishing an organic production base named Tang Dynasty Farm, which supplies organic vegetables, poultry & eggs, b & mutton to the restaurants and the e-commerce business to explore home delivery service. By striding into organic industry, Tang Dynasty Group set up an industrial chain from production, purchasing, storage, logistics to store sales, thus achieved the control over variety, cost, and food safety. This organic project also shares customer base from Tang Dynasty Restaurants. Nevertheless, it still needs some time to make profit for Tech-BIA and its e-commerce platform ” Tang Dynasty Farm”. The company expects to make profit in year 2014-2015.
Promoting the development of Shanghai innovation drive, transformation
On March 5, 2013 enterprise registration work meeting city industrial and commercial bureau. Meeting requirements focus on six aspects work: first, the positive reform, innovation policy, service science and technology innovation and strategic emerging industry development, promoting the development of Shanghai innovation drive, transformation. 2 it is to study and formulate corresponding to the Shanghai modern service industry development of the market access measures to support healthcare services, technology services, cultural creative industry, financial industry development, and activate all kinds of market subjects. Three is to further deepen the reform of the administrative examination and approval system and extend parallel examination and approval departments and the project scope of examination and approval, we will further improve the area county docking platform and municipal platform. Four is support zhangjiang hi-tech zone, lingang industrial park, pudong airport, hongqiao electronic commerce core comprehensive bonded zones, zhabei development key functional areas, such as modern service zone and major projects. Five is to do a good job in commercial registration system reform, the transformation and upgrading of individual industrial and commercial households, the farmers’ professional co-operatives exit mechanism research focus on issues such as work. Six is to strengthen the registrar of team construction, improving the capacity of registrar of business and level.
law of shanghai company formation
Legal basis of the establisment of Foreign Investment with law of shanghai company formation Automobile Selling Enterprises:
<Managment and implementing regulation of automobile selling>No.10,2005by Ministry of Commerce,National Development and Reform Commision ,Administration of Industry and Commerce.(Published in february 25th 2005,effective since april the first 2005.)
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Shanghai PuDong–resources ability sword refers to the strategy of “Pacific”.Years ago, two large container ship from yangshan port anchor, respectively to Slovenia and Poland. Container “whole into the whole” different, each have two ship a container of goods in Shanghai split and restructuring. Fight the demolition, means of international container cargo in Shanghai port for the first time of secondary consolidation, and transit hub ports to the world an important step.
A month later, the “two sessions” held in Shanghai. Shanghai municipal party committee deputy secretary, mayor Yang in the Shanghai municipal government work report points out, “in 2013 Shanghai will deepen the comprehensive reform pilot in the pudong new area, according to the national deployment of pilot to establish free trade zone, further deepened to open offshore accounts, foreign currency financing lease business innovation in the reform of matters…” “Free trade zone” was included in the first time.
After the first one, the static movement, freaky sword refers to pudong new area, Shanghai. “Four centers”, the construction of the core functional areas, makes the “closest to the world” the free trade zone, is a Shanghai and pudong plot for many years, and constantly seek breakthrough of “Pacific strategy”. And zhangjiang, lingang, yangshan, Disney, and subsequent use of the expo site… Each bright spot in the pudong new area, is permeated with the Pacific international snowboarding progresses.
Reform in pudong again big, representatives, members talk excitedly. Shanghai in the afternoon, “two sessions” on the opening day of the political bureau of the central committee of the communist party of China, Shanghai municipal party committee secretary han went pudong delegation, he to longly say: “in the pudong new area is a flag of China’s reform and opening up, the next five years, Shanghai will be seeking leapfrog development, pudong new area to contain the flag of the new content.” He once again stressed: reform should not only have the courage, more must have the wisdom, don’t have the courage to do, to do no intelligence.
Who just returned from shenzhen research committee and municipal party committee of Shanghai pudong new area district party committee secretary of Xu Lin, over discharge, and Shanghai, vice-president of the Chinese people’s political consultative conference (CPPCC), pudong new area district Jiang Liang counsel, assigned pudong cadre of reform to consider.
Xi general secretary, is put forward to strive to promote new progress was made in reform and opening up and realize the new breakthrough, a new level, pudong “sanxin”? Han zheng asked insist on first try in the pudong new area, attain “can break through, Shanghai pudong can promotion, the country can draw lessons from”. “SanNeng breach?”
Pudong last year “report card” very grab an eye, leaders are rarely mentioned in the pudong new area, their thinking is: “this year in the pudong new area heddle change mainly lies in: adhere to the market orientation, choose the ‘good’ extremely important breakthrough, to fight for reform in key areas fall to the ground.”
A new round of reform breakthrough, pudong during.
The system construction
Creating a “new signal system”
“From a market economic system reform, administrative system, social management, breaking the system bottleneck, the government does not intervene in the market can regulate economic activity, can also market main body with greater vigor.”
“Major projects must adhere to can fast, fast”, has become a mantra for pudong cadre.
More than a year ago, Mr Zhang was overjoyed returning from the American Wall Street. He served as President of the reflected the auspicious light electricity from lingang building a piece of grass, current year starts, and put into operation, create a similar factory building the fastest speed, 50 volts high-voltage LED chips and other high-end product development success, three years will also be gathered 5000 talents at home and abroad. “Last month I and pudong leaders talked about confusion about research and development policy, the second day after the letter to appoint comrade is door to door, pudong efficiency than New York!” Mr Zhang jokingly said: “let pudong cadre to go to New York, may allow the speed of New York.”
In order to “fast”, pudong sweeping reform of administrative examination and approval system, administrative examination and approval items has been reduced from 724 to 242, the average commitment from statutory time limit for examination and approval of 22 working days to 8.4 days, both fell more than 60%. Promise to inform, the linkage is registered, the administrative examination and approval and technical approval phase separation and so on a number of institutional reforms, through “system and science and technology” mode, the government to make way for the market, make ubiquitous rent-seeking power, more to the enterprise. And import and export of industrial products “quick check” facilitation pilot, customs regulations “air cut-through” customs clearance mode further deepen…
Xu Lin once said, “the reform is not a red light, it is creating a new signal system.” This sentence is often people relish. After all, in June 2005, pudong has become China’s first comprehensive reform test area, the target is “to explore the mechanism of socialist market economy”. Pudong new area district party committee standing committee member and deputy prefects 彭崧 said: “from the reform of market economic system, administrative system, social management, breaking the system bottleneck, the government does not intervene in the market can regulate economic activity, can also market main body with greater vigor.”
Asia’s first “international court, the international sports arbitration court hearing center” located in pudong, pudong introduce expert jury in court in the financial system, financial and intellectual property examination room set up, these are embodied in the pudong new area is committed to build the international legal environment. “International court played” not necessarily to overseas, Colette information system co., LTD. Vice chairman Chen bo shine at the moment.
Beijingers Chen bo, pudong in 1994 years, in the face of the foreign partner of “pudong”, he smiled proudly. “Came I also worry, 10 years later than shenzhen open in the pudong new area, and running the most mature in the planned economy, Shanghai burden heavier, grip more, talk easy! However, pudong smart, shanghai company registration grasp the advanced manufacturing and modern service industry, facing the world, focus on resources, market resources and elements of resources in a multinational company, developing at a breathtaking pace, it is no wonder that foreigners have to study ‘pudong phenomenon’!”
Pudong developers also have a new worry: pudong original policy of dividend, bonus, labor resources dividend gradually released, power in where?
GuanXiaoJun confident, director of the pudong new area development and reform commission (NDRC), the “power on” four centers “, the construction of the core functional area of the national strategy, pudong will represent China to the world economic stage game.” Pudong new area development and reform commission, deputy director of the ensemble to do Wang Jian count, director of the national pilot if free trade zone, the internationalisation of the renminbi, pudong has borne the brunt of the undertake the historical mission. The reform of the pudong ‘dividends’, is the system construction.”
On January 29, 2013, to support foreign investment in research and development center for the latest policy interpretation Kingyee training department at China business center, nearly 80 foreign participant, head of research and development center. Kingyee Chen teacher reading the latest foreign administration related policies, foreign r&d center research and development committee of shaw resists the frost secretary-general introduces the research and development center working committee work and research and development of three BBS summary in recent years, Mr Sun is the director of center for foreign r&d centers do share tax policy practice. I’ll to attend the meeting and delivered a speech of enterprises with foreign investment. (Kingyee China department of company affairs Powered by: Shanghai China Business Registration http://www.china-business-registration.com/index.php/archives/department.html )
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| the latest department at China business center | | Foreign capital enterprise breakfast meeting | | The pursuit of the localization of multinational company-Unilever | | “Gold combination” success for 30 years – the alcatel Shanghai bell (asb) | | Wrote a new page – Siemens | | Love the teacher let love michel sidibe – basf (China) co., LTD | | Regional Headquarters of Multinational Companies | | Working and Living Environment | | International Trade Center | | International Finance Center |
The pursuit of the localization of multinational company-Unilever.Unilever as the earliest foreign-capital enterprise entering China
A, not only witnessed the development of China’s reform and opening up, also in Gradually realize the localization of multinational companies.
Enterprise business card
Unilever’s history can be traced back to 80 years ago in China, unilever brother along the huangpu river in Shanghai set up a Chinese soap co., LTD. In 1986, unilever to return to China. By 2001, unilever’s investment in China a total of about $1 billion, has introduced more than 100 advanced patented technology, the production of more than 20 brands of products. In 2007, unilever established the China regional headquarters in Shanghai.
From joint venture to wholly owned, from forays to the primary and unilever, the has been in the Chinese market through a very of the multinational company, as one of the earliest foreign-capital enterprise entering China, it witnessed the development of China’s reform and opening up not only, also in gradually achieve the “localization of multinational companies’ journey on this goal, for the chemical industry has brought China’s dynamic and change.
Recently, unilever, vice President of greater China Ceng Xiwen told reporters the unilever China tour rough with just a few degrees wind and rain.
Shanghai, back to the first city of China
Unilever with Chinese origin can be traced back to 80 years ago, in 1923, the British lever brothers soap company was established in Shanghai huangpu river soap co., LTD in China, this is unilever come into China’s first footprint. Later, due to various reasons, unilever had to withdraw from China, once again return to the Chinese market in 1986, has been to “do the localization of multinational corporations” as its goal diligently.
In Ceng Xiwen view, unilever development course in China is a microcosm of China’s reform and opening up, and from the joint venture to wholly change process, has become in his eyes “reform and opening up development depth and breadth, the strength of the witness”.
After the “reform and opening up, the multinational companies to enter the Chinese real, like unilever is one of the more early in 1986 to enter the Chinese, we are the first company to enter the multinational companies in Shanghai,” Ceng Xi said, “because we have an emotional knot in Shanghai, so the first partner in Shanghai is Shanghai ZhiZaoChang, is to return to our original factory. Due to the policy restriction, unilever can only choose joint venture. Joint ventures in Shanghai, unilever has reached 7, however, the architecture of the joint venture company has seriously reduced the efficiency of company management. For example, the provisions of each company general manager, finance, sales, system have to is a single set of group, so the unilever set up 14 joint ventures in China, there are 14 sets of team, there are 14 general manager, chief financial officer at 14, 14, director of sales, a lot of people.”
Ceng Xiwen said, carefully research the history, will see China’s reform and opening-up of speed is very fast. “Reform and opening up is not only a foreign investment is allowed to enter China, but the whole idea of thinking changes.” Ceng Xi said.
In 1999, after the return to China for 13 years, unilever implement merge various joint venture in China, the conversion of the abandoned ZhiZaoChang with Shanghai, Shanghai toothpaste factory joint venture relationship, but directly with the Shanghai light industry holding group cooperation, formed the unilever co., LTD., it also makes the unilever control greatly strengthen of its China operations. Shanghai light industry holding group in subsequent years, the joint venture company and gradually diluted from 23% to 10% of its stake, until 2005, unilever to buy back shares, after become a wholly-owned multinational company.
Wrote a new page – Siemens.Siemens’s cooperation with China dates back to 1872, when Siemens offered China’s first pointer telegraph. In 1904, established the first permanent office in Shanghai, Siemens set up operations in China an important milestone.
Since Siemens China business has developed rapidly, in addition to electricity, telecommunications and medical engineering are also beginning to dawn. In 1937, Siemens company employees 275 people, China become the largest overseas branch outside Europe.
Later, due to the sino-japanese war and some historical reasons, Siemens silence for dozens of years of cooperation with China.
Until 1978, when the spring breeze of the “reform and opening up” through the great river north and south China, Siemens business in China again ushered in the dawn.
In late 1978 and early 1979, the China national machinery industry ministry involved with Siemens signed memorandum of low-pressure and high-pressure applications domain, a new page is opened.
Hao Ruijiang said that in 1978, Siemens does not know the future development trend, China to enter the Chinese market is has certain risk at the time. However, Siemens has brought international perspective of innovation and technology management knowledge.
1985 is the cooperation between Siemens and China milestone. On October 29, 1985, the two sides signed in Beijing the Siemens company and the People’s Republic of China in industrial machinery, electrical engineering and electronics industry and other fields of cooperation memorandum, Siemens was the first company invited foreign companies so in-depth cooperation with China.
Since then, Siemens in China, many business began to fully blossom.
For example, in 1985 formally entering the China telecommunication equipment market, Siemens in information and communication infrastructure provides China with modern digital switching systems, high-performance transmission system and mobile phone system, and helps to build the world’s top telecommunications network.
Siemens is the only has a strong China WCDMA and td-scdma technical strength of the supplier, as early as in 1998, Siemens and science and technology institute of China telecom began the cooperation development of third generation (3 g) mobile technology.
Also, began operating in Shanghai at the beginning of 2004 the world’s first commercial high-speed maglev railway, 30 km journey time required is less than eight minutes, and the power, control, communications and security systems provide support from Siemens.
Actually, in China’s infrastructure, especially traffic facilities in the process of modernization, the role of Siemens. In Shanghai, guangzhou, nanjing and shenzhen, teeming with quick and convenient subway lines built into the Siemens motor equipment, signal system and train cars.
2004 is the 100 anniversary of the founding of Siemens’s first office in China. The first joint venture, established in 1989, Siemens has only 200 staff in China, and in 2004 this figure has soared to more than 21000 people.
Push the localization strategy
Hao Ruijiang since January 1, 2005, President of Siemens China, a comprehensive command of Siemens business in China.
For more than three years Hao Ruijiang developing strategy of “localization” in China, Siemens in China provincial sales network, production, r&d and purchasing activities have significantly strengthened. To better take advantage of local talent in China, Siemens new employees more than 7000 agencies in China last year, the total number of employees more than 50000, Siemens China is one of China’s largest foreign employers.
Now more than 99% of the Siemens employees are Chinese. Hao Ruijiang thinks, Siemens in China, the equivalent of a Chinese company.
Hao Ruijiang also very pay attention to the training of local staff, he said: “want to be able to let more Chinese to German, information exchange and training. The cultivation of the local management personnel, now we mentor system.”
According to Siemens in China’s strategy of “localization”, Siemens will be long-term commitment to become an indivisible part of China’s economy, by continuing to expand investment and strengthen the local research and development and software development, and expand local procurement, to ensure that its business in China’s long-term development.
Once worked in Siemens medical engineering group, Hao Ruijiang for many years, also published a number of academic articles, with applications of magnetic resonance (NMR) modern at the same time in the field of magnetic resonance imaging and medical image has several patents.
Hao Ruijiang rich work experience and unique in the field of medical expertise, made after he served as President of Siemens China, localization strategy in the field of medical support is more obvious.
For example, in March 2005, Siemens set up magnetic resonance (NMR) research center of Asia, it is the only outside Germany magnetic resonance imaging (fmri), r&d and manufacturing base. In December 2005, Siemens announced investment 300 million yuan to establish Asia technical center in Shanghai, focus on medical products research and development, production and services, such as CT, X-ray systems, ultrasound systems and medical components. The center will become the core of Siemens medical activities in China region. In September 2007, Shanghai started operations center in Asia.
In addition, the medical demand of the rural population, Siemens is currently developed in cooperation with the Clinton foundation “Siemens new rural medical demonstration center” project, has been officially launched, which aims to explore with Chinese characteristics of medical equipment solutions and medical service mode. At present, in the shaanxi province luochuan has built the first Siemens new rural medical demonstration center.
Siemens is doing all it can to, from high-end to low-end market, to provide Chinese customers with all-round meet local market demand for products and solutions. Investment of $ten million, for example, the construction of new rural medical demonstration center embodies the Siemens’s emphasis on low end the market, and the investment of more than 100 million euros in china-germany friendship hospital, Shanghai has demonstrated ability to Siemens in the high-end market.
Under the push of Hao Ruijiang, Siemens for more than three years business in China is growing more quickly, now, Siemens has been active in all its business in China, including automation and control, electric power, transportation, medical, information and communication, lighting and household appliances, etc.
Global business restructuring has little influence on China
On 28 November last year, Siemens will there be a big global business restructuring announcement, Siemens will put the business focused on the three
Love the teacher let love michel sidibe – basf (China) co., LTD.
The origin and development of basf greater China, with the greater China market dates back to 1885, from then on basf is faithful partner in China. It is one of the biggest foreign investors in China’s chemical industry field. In 2010, the company in greater China, with about 6980 employees, sales of around 5.8 billion euros, with 26 14 basf basf wholly owned subsidiaries and joint ventures.
Basf is The world’s leading Chemical Company: The Chemical Company. Company’s product range includes characteristics from chemicals, plastics, chemicals, agricultural products to oil and natural gas. As a trustworthy partner, basf, help customers to achieve even greater success in all walks of life. By providing high value products and intelligent solutions, basf plays an important role in the response to the global problems, such as climate protection, energy efficiency, nutrition, and transport and mobile communications, etc. Basf’s 2010 global sales of about 63.9 billion euros, the company employs approximately 2010 employees by the end of 2010.
Since August 2005, basf and huangpu district federation jointly launched “caring teachers, actively support assistive” intelligence “business, launched” basf “oral English class. Employee volunteers used the weekend English tutoring for students from home for the disabled children, to help improve these teens spoken English level, by the high praise from students, parents and relevant organizations. 138 excellent students received basf established in 2006, “Shanghai disabled persons foundation – basf scholarship”. In addition, basf also make full use of powerful internal resources, to invite the students to a variety of activities within the company, enrich their learning life, broaden their horizons, to create a better learning environment for them, in order to better adapt to the requirement of social development for talents.
Basf: “love the teacher” project, shaping a sustainable future for the disabled children
As the world’s leading chemical companies and corporate citizen, basf will corporate social responsibility into their strategy, continuously devotes to the education cause in China, and create a better future for the next generation. Basf believes that corporate social behavior should be a long-term, sustainable process, there should also be the active involvement of employees. Therefore, the company encourages and supports employees to actively participate in volunteer activities and community construction.
“Intelligence assistive” project was established in 1999, initiated by the huangpu district of Shanghai disabled persons’ federation, is committed to deliver through the class and teach for disabled children and disability in the form of teenagers for tutoring. For 11 years, recipients reached more than 3100 people.
Since August 2005, basf and huangpu district federation jointly launched “caring teachers, actively support assistive” intelligence “. In the south of Shanghai high school started the “basf” oral English class. The project got top management support, management of basf greater China, the board chairman Mr GuanZhiHua with “teach them to fish, as teach them to fish” metaphor for intelligence, the importance of assistive it is also the core concept of “love teacher” project. , 6 years, employee volunteers used the weekend English tutoring for students from home for the disabled children, to help improve these teens spoken English level, by the high praise from students, parents and relevant organizations. 138 excellent students received basf established in 2006, “Shanghai disabled persons foundation – basf scholarship”.
Basf’s oral English class
“Basf” oral English class, by basf employees as a volunteer teacher, take turns to use the weekend time each week for disabled kids who teach English courses, to help them improve the level of spoken English and learn western culture and customs, has lasted for 6 years. Different from traditional classroom teaching mode, employees through games, group discussion, role play, create active learning atmosphere, encourage students speak to say what they think, exercise and oral English. These activities help students widen the vision, and will study the classroom knowledge to practice.
As a volunteer teacher is basf employees, not just the participation of senior management and company, they sometimes bring their own family, friends and children. Different nationality and different background of basf employee in class and the growth of the students share their experiences, more added international color for this class.
In order to further promote the event, 2006 basf cooperate with Shanghai disabled person welfare foundation, set up basf scholarship, to support more outstanding students from the disabled family, encourage them to get better grades in school. The scholarship with basf’s “caring teachers project set up, by the end of 2010, a total of 138 students with excellent results obtained the scholarship fund. Basf hopes the scholarship is not only a kind of encourage, provide material help for students in need of help, more is inspire their study spirit and enterprising spirit, to illuminate their future.
More companies activities more learning opportunities
“Global members” is basf for employees over the age of 14 – to 19-year-old children launched an international exchange programs. They in the overseas exploration journey during the vacation, and basf employees from other countries children pair, respectively in the two weeks to family life. Every year, basf will invite from home for the disabled students and basf employee in Shanghai children take part in global members welcome day, warm reception staff children from such as Germany, Belgium and the United States. They can not only in Shanghai urban planning museum to know the latest development of cities, but also interact with employees’ children, to participate in group activities. For many of them, is the first time to make friends with foreigners and communicate with each other to complete the task. Basf, hope that through this activity gives them a chance to experience the diversity of the world, so as to arouse their interest in different cultures and respect, at the same time also can cultivate their teamwork spirit.
Basf basf small chemist is found children’s mutual laboratory, for 6 to 12 years old children to open. Since China introduced in 2002, more than 113000 Chinese
With “innovation and the future” as the theme of the Shanghai zhangjiang high-tech zone innovation exhibition in Shanghai science and technology museum began. As an important innovation in zhangjiang core strength, GE China r&d center was invited to join the plane engine, hybrid electric locomotive, 1.5 mw wind turbines, and bo farce CT machine model, these scientists condensed the wisdom innovation in GE China r&d center to support scientific and technological achievements of China’s innovation strategy concept.
- GE china-innovation and the futureers, GE China r&d center was established in Shanghai in 2000, in 2003, stationed in Shanghai zhangjiang hi-tech park, innovation in China has entered the year 12. As one of the nation’s largest independent foreign r&d institutions, GE China r&d center has more than 2800 research and development personnel in China, more than 60 world-class laboratory equipment. Research and development center for GE’s global operations and project “in China for China” provide a full range of technical support. GE China r&d center “based on China, service”, always develop tailored solutions for Chinese customers.
As GE is one of the four global r&d cent Side by side with China soar.
Entered the exhibition hall, the audience can see a monster, that is the commercial aircraft corporation of China (COMAC) of the ARJ21 regional jet chooses CF34-10 a engine. As important supplier, GE China r&d center (aviation engineering field engineer has always been closely cooperate with comac, the final assembly line in 2007, after the success of the first flight in 2008, aviation industry in China in 2010 test centers, as well as the domestic airport, each test to continue the flight test, such as cold, high temperature, wind, ice, etc.
2009, CFM (GE and Nike’s flat joint venture shares) of the LEAP – 1 – c engine was chosen as a new comac’s C919 aircraft elected to power. The C919 is the first time to design and manufacture of large passenger jets.
Actively participate in the development of Chinese railway construction
GE has been actively involved in the development of Chinese railway construction, and its development Evolution ® series hybrid electric locomotive is one of the stars, you will also see the model on the innovation exhibition. Evolution ® series hybrid locomotive than mainstream freight locomotives now save 15% fuel, reduce emissions by 50%.
Last July, by the CSR qi shuyan company established joint venture with GE GE changzhou south car diesel engine co., LTD. For production run. 16 diesel engine turbocharger and the joint venture will produce the Evolution dynamic group, this type of engine will be used in this country’s most harmonious N5 type high-power ac drive diesel locomotive.
Support the development of China’s renewable energy
China is to vigorously develop renewable energy, including fan installed capacity of the world. GE has been committed to the wind energy technology development and innovation. The innovation exhibition shows on the GE star – product – 1.5 mw wind turbines model.
Data show that a 1.5 mw wind turbines can provide 3000 Chinese families with a year of power. So far, the GE provides China with 1200 more typhoons electric unit, helped China to achieve green dream.
Strengthen grassroots medical in China
In improving the medical quality, reduce medical costs, for more people to increase the chance of medical aspects, GE’s strategy of “idea” health and the national health reform and the development of the “twelfth five-year” health goal fits well. It is stand for the same concept, a new bo farce 325/315 CT series according to the characteristics of the Chinese market with 40 years of experience in the field of computed tomography (CT) and with the aid of GE’s existing high-tech platform and scientific research and talent advantage, developed and launched in mainland China, to serve the needs of China’s grassroots hospital clinical diagnosis as the goal. You will also be able to see bo farce CT model in showroom.
As of the first half of 2011, bo farce CT was a great success, in the global sales of more than 250 units, including China, India, Europe, Latin America, southeast Asia and Africa and other countries and regions. It is reported that more than 80 countries and regions in the world are starting to prepare sales bo farce CT, fully embodies the “in China for China and for world” strategic concept.
<Law of the People’s Republic of China on Sino-Foreign Joint Ventures>
<The implementation Regulations of the Law of the People’s Republic of China on Sino-foreign Equity Joint Ventures>
<Law of the Peoples Republic of China on Sino-Foreign Contractual Joint Ventures>
< The Implementation Regulations of the Law of the Peoples Republic of China on Sini-Foreign Contractual Joint Ventures>
<Law of The Peoples Republic of China on Foreign Capital Enterprises>
<The Implementation Regulations of the Law of the Peoples Republic of China on Foreign Capital Enterprises>
<Company Law of the People’s Republic of China>
<Regulations for guiding foreign investment direction>from The State Council
<Catalogue of Industries for Guiding Foreign Investment>from National Developement and Reform Commission and Ministry of Commerce.
<Law of The Peoples Republic of China on Foreign Capital Enterprises>
The agreement of the originator need to contained with :
Propotion between aggregate investment and registration capital regulations for Foreign Investment enterprise by foreign investor
1. Name and adress of the originator.Name，nationality,adress and position of the legal Representative.
2. Name and adress of the Foreign Investment Limited Liability Enterprise.
3. Target and business scope of the Foreign Investment Limited Liability Enterprise.
4. Establishmnet mode and organization form of the Foreign Investment Limited Liability Enterprise.
5. Registration capital,total shares,categories,the total subscription、form and time limits of Originator.
6. Rights and obligations of the originator.
7. Responsibilities for default. Approval limits
8. Applicable law and solution of dispute.
9. The effectivity sand termination of the agreement.
10. Time and place of the agreement’s making, signed by originator.
11. Other affairs need to be concluded.
Application document of Foreign Investment Limited Liability Enterprise Documents required:
1.Application letter of Foreign Investment Limited Liability Enterprise.
2.Feasibility research report.
3.Investor’s identity document and passport or registration document,reference document,legal representative’s identity document and passport(copy).
4.If the Chinese originator invest with national asset)National Asset Managment Department verify the evaluation report of the number of national asset will be input in.
5.Originator sign the agreement and regulation of Foreign Investmet Limited Liability enterprise establishment.
6.Enterprise’s name pre-registration notification.
7. Rental agreement,property document and design drawing of the Enterprise’s operation place.
8.Other relevant document.