relative file path for layout
Skip to main content  Skip to search  Skip to main menu
Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 631/2/5 

2 August 2004

Dear Sirs,

Commercial Information Circular No. 190/2004

The Mainland of China : Decision on the Reform of Investment System

The State Council of the People's Republic of China promulgated the "Decision on the Reform of Investment System" on 16 July 2004. The Decision aims to promote resources allocation by market forces by relieving the intervention from the government.

  1. According to the Decision, business enterprises will no longer be required to go through approval process for non-government sponsored projects. Instead, they will be subject to a confirmation system or a registration system. Enterprises investing in projects listed under the "Catalogue of Investment Projects Subject to Confirmation of the Government" should submit an application report to the relevant government departments. For projects outside the Catalogue, it will be subject to a registration system. A copy of the Decision is attached at Annex (pdf format) for reference.

ENQUIRIES

  1. If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.




Yours faithfully,



(Miss Cindy CK CHENG)

for Director-General of Trade and Industry



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.