|
Commercial Information Circulars 24-hour hotline : 23 922 922
e-mail address : tidenq@tid.gcn.gov.hk
Ref : EIC 631/2/5
23 July 2002
Dear Sirs,
Commercial Information Circular No. 135/02
The Mainland of China :Law on Promotion of Small and
Medium-sized Enterprises
The Standing Committee of the National People's Congress passed the Law on Promotion of Small and Medium-sized Enterprises on 29 June 2002. The Law will come into force on 1 January 2003.
-
The Law aims to strengthen the support provided to small and medium-sized enterprises (SMEs) in the Mainland. It demands the Central Budget to allocate special funds to aid the development of SMEs, whereas the local government to provide financial support to SMEs according to individual circumstances. Besides, SMEs are encouraged to introduce foreign capital, technology and management skills to their businesses, and to establish Chinese-foreign equity joint ventures and Chinese-foreign contractual joint ventures. The Law is attached at Annex (pdf format) for reference.
ENQUIRIES
-
If you have any questions on the content of this circular, please contact Miss Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss Cindy CK CHENG)
for Director-General of Trade and Industry
|
EDI Service for Restrained Textiles Export Licence (RTEL) enables traders to make RTEL applications directly through their office computer faster and easier. EDI Service is also provided for Production Notification and Certificate of Origin. For details and enquiries, please call Tradelink at 2599 1700. |
Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same. |
