Limit of Authority for Examination and Approval

(1)   A Sino-foreign joint venture project that involves a total capital input of US$30 million or more shall have the project proposal (application) and feasibility study report submitted by the Municipal Development Planning Commission (MDPC) to the State Development Planning Commission (SDPC). The Municipal Foreign Economic and Trade Commission (MFETC) shall submit the said project's articles of association to the Ministry of Commerce for examination and approval and issue the certificate of approval.  Projects involving a capital input of US$100 million or more shall be submitted to the State Council for examination and approval.

(2)   Non-restrictive foreign investment projects with less than US$30 million capital input shall be awarded with the certificate of approval after these are approved by Beijing Economic and Technology Department Area, Zhongguancun Science and Technology Park, Beijing Tianzhu Export-Oriented Processing Zone and other examination and approval administrations.

(3) Foreign investment projects subject, in accordance with state statutes and central government regulations, to examination and approval by the relevant departments under the State Council, shall undergo examination and approval by the said departments. Projects subject, in accordance with rules of Beijing Municipality, to examination and approval by the relevant municipal authorities shall undergo examination and approval by the said authorities.