"Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated i..."Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated itinto English and sent it by fax to theHeadquarters of Ford Auto Finance Co. forresearch. We are very excided for theenlightenment of the people’s Bank ofChina." Mr. Xu Guozheng, Vice Presidentof Ford Auto(China) Co. Ltd. Answeredquestions from the reporter with pleasure onOctober 10, 2002.展开更多
Farmland occupation tax that went into effect as early as in 1987 is found incompatible with the new situation as a result of Chinese rapid economic growth.A lower tax rate of farmland occupied for either textile prod...Farmland occupation tax that went into effect as early as in 1987 is found incompatible with the new situation as a result of Chinese rapid economic growth.A lower tax rate of farmland occupied for either textile production or and any industrial production for the good of foreign investors finishes with the start of the new year.All domestic and foreign companies are in the list of tax payers with the new Interim Regulations.The source from the State Administration of Taxation reveals the details in an interview.展开更多
There is a prevalent opinion in the corporate arena that the foreign companies are earning more but are less concerned with reinvesting their earnings in the foreign countries in which they operate and are more concer...There is a prevalent opinion in the corporate arena that the foreign companies are earning more but are less concerned with reinvesting their earnings in the foreign countries in which they operate and are more concerned in profit appropriations for quick repatriation of their investments by way of declaring high dividend payments. As compared to the foreign companies, domestic companies in India are relatively more concerned for reinvesting their profits and help to trigger the capital accumulation and industrial growth. This practice of comparatively paying higher dividend by foreign companies in India, if proved, supports the view that foreign companies are least concerned with the industrial growth of the country in which they operate. Hence the analyses of the dividend payments and the retained earnings of foreign and domestic firms assume economic importance. Considering the above hypothesis and the importance of the study, this paper made an attempt to empirically test the opinion and bring out any significant differences in the profitability and dividend payments between the two groups often pharmaceutical companies operating in India for the period of last 20 years.展开更多
ForewordDue to the variety of international tradeand specialty difference of each individualnegotiator as well as their differentunderstanding about contract, each foreigntrade contract has its different emphasis andc...ForewordDue to the variety of international tradeand specialty difference of each individualnegotiator as well as their differentunderstanding about contract, each foreigntrade contract has its different emphasis andcharacter. Even for the same contractobjective, terms of payment andtransportation, if the contract was given bydifferent people in different period, thedifference will always exist. Thisphenomenon is rather common in foreigntrade business.展开更多
With a view to encouraging foreigninvestors to in vest in China, andimporting overseas advanced technologyand management, expertise, foreigninvestors are permitted to run in vestment-nature companies (hereinafter refe...With a view to encouraging foreigninvestors to in vest in China, andimporting overseas advanced technologyand management, expertise, foreigninvestors are permitted to run in vestment-nature companies (hereinafter referred toas investment co.)in China in accordancewith the Chinese related foreigninvestment laws, decrees rules and theRegulations.Article 1 In the Regulations, the investmentco. is that the foreign investors useexclusive capital or joint capital with theChinese investors to run a company inChina engaged in direct in vestment.展开更多
1. Aims and Significance "The aims and significance of the trial establishment of Sino-foreign coinvested foreign trade companies are to use the sales channels and nets of foreign businessmen to expand China’s e...1. Aims and Significance "The aims and significance of the trial establishment of Sino-foreign coinvested foreign trade companies are to use the sales channels and nets of foreign businessmen to expand China’s exports and increase export results. Through trial establishment,展开更多
The Shanghai Lan Sheng Corp., which used to be called the Shanghai Stationery and Sporting Goods Import and Export Company, touched off great repercussions in the international mass media and among its counterparts af...The Shanghai Lan Sheng Corp., which used to be called the Shanghai Stationery and Sporting Goods Import and Export Company, touched off great repercussions in the international mass media and among its counterparts after it was renamed after its general manager Zhang Lansheng and its stocks were listed for transactions on展开更多
Maanshan Foreign Trade Company isa composite foreign enterprise with importand export fights,approved by the Ministryof Foreign Trade and Economic cooperation.In addition to its ten departments,its hasthree joint vent...Maanshan Foreign Trade Company isa composite foreign enterprise with importand export fights,approved by the Ministryof Foreign Trade and Economic cooperation.In addition to its ten departments,its hasthree joint ventures,including one overseas;has directly affiliated export bases forgarment processing,vegetable instantfreezing,aquatic products,with exportearnings gradually increasing year by year. Business scope:textile materials,knitwear and cotton products,garments,展开更多
文摘"Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated itinto English and sent it by fax to theHeadquarters of Ford Auto Finance Co. forresearch. We are very excided for theenlightenment of the people’s Bank ofChina." Mr. Xu Guozheng, Vice Presidentof Ford Auto(China) Co. Ltd. Answeredquestions from the reporter with pleasure onOctober 10, 2002.
文摘Farmland occupation tax that went into effect as early as in 1987 is found incompatible with the new situation as a result of Chinese rapid economic growth.A lower tax rate of farmland occupied for either textile production or and any industrial production for the good of foreign investors finishes with the start of the new year.All domestic and foreign companies are in the list of tax payers with the new Interim Regulations.The source from the State Administration of Taxation reveals the details in an interview.
文摘There is a prevalent opinion in the corporate arena that the foreign companies are earning more but are less concerned with reinvesting their earnings in the foreign countries in which they operate and are more concerned in profit appropriations for quick repatriation of their investments by way of declaring high dividend payments. As compared to the foreign companies, domestic companies in India are relatively more concerned for reinvesting their profits and help to trigger the capital accumulation and industrial growth. This practice of comparatively paying higher dividend by foreign companies in India, if proved, supports the view that foreign companies are least concerned with the industrial growth of the country in which they operate. Hence the analyses of the dividend payments and the retained earnings of foreign and domestic firms assume economic importance. Considering the above hypothesis and the importance of the study, this paper made an attempt to empirically test the opinion and bring out any significant differences in the profitability and dividend payments between the two groups often pharmaceutical companies operating in India for the period of last 20 years.
文摘ForewordDue to the variety of international tradeand specialty difference of each individualnegotiator as well as their differentunderstanding about contract, each foreigntrade contract has its different emphasis andcharacter. Even for the same contractobjective, terms of payment andtransportation, if the contract was given bydifferent people in different period, thedifference will always exist. Thisphenomenon is rather common in foreigntrade business.
文摘With a view to encouraging foreigninvestors to in vest in China, andimporting overseas advanced technologyand management, expertise, foreigninvestors are permitted to run in vestment-nature companies (hereinafter referred toas investment co.)in China in accordancewith the Chinese related foreigninvestment laws, decrees rules and theRegulations.Article 1 In the Regulations, the investmentco. is that the foreign investors useexclusive capital or joint capital with theChinese investors to run a company inChina engaged in direct in vestment.
文摘1. Aims and Significance "The aims and significance of the trial establishment of Sino-foreign coinvested foreign trade companies are to use the sales channels and nets of foreign businessmen to expand China’s exports and increase export results. Through trial establishment,
文摘The Shanghai Lan Sheng Corp., which used to be called the Shanghai Stationery and Sporting Goods Import and Export Company, touched off great repercussions in the international mass media and among its counterparts after it was renamed after its general manager Zhang Lansheng and its stocks were listed for transactions on
文摘Maanshan Foreign Trade Company isa composite foreign enterprise with importand export fights,approved by the Ministryof Foreign Trade and Economic cooperation.In addition to its ten departments,its hasthree joint ventures,including one overseas;has directly affiliated export bases forgarment processing,vegetable instantfreezing,aquatic products,with exportearnings gradually increasing year by year. Business scope:textile materials,knitwear and cotton products,garments,