Under Chinese law, when parties have signed an equity transfer agreement of the Chinese-Foreign contractual joint venture, they need to report to the examination and approval authority for approval. However, due to im...Under Chinese law, when parties have signed an equity transfer agreement of the Chinese-Foreign contractual joint venture, they need to report to the examination and approval authority for approval. However, due to imperfection of and conflicts among laws and regulations as well as misunderstanding of the above system, it is always difficult for judges to determine the validity of such equity transfer agreement under the administrative approval system. Among the three categories of FIEs provided in Chinese law 1, scholars have had a comprehensive discussion over equity transfer agreement involving Sino-Foreign Equity Joint Venture Enterprises, but this case is concerned with the equity transfer agreement of a Chinese-Foreign contractual joint venture. In this case, the People's Supreme Court holds that the equity transfer agreement that has not undergone the approval procedures are not valid but not void. Furthermore, the parties that are bound to submit the agreement to the approval authority shall perform their duties of this kind.展开更多
Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to...Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international展开更多
The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shan...The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the展开更多
Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production p...Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control展开更多
Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days la...Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This展开更多
文摘Under Chinese law, when parties have signed an equity transfer agreement of the Chinese-Foreign contractual joint venture, they need to report to the examination and approval authority for approval. However, due to imperfection of and conflicts among laws and regulations as well as misunderstanding of the above system, it is always difficult for judges to determine the validity of such equity transfer agreement under the administrative approval system. Among the three categories of FIEs provided in Chinese law 1, scholars have had a comprehensive discussion over equity transfer agreement involving Sino-Foreign Equity Joint Venture Enterprises, but this case is concerned with the equity transfer agreement of a Chinese-Foreign contractual joint venture. In this case, the People's Supreme Court holds that the equity transfer agreement that has not undergone the approval procedures are not valid but not void. Furthermore, the parties that are bound to submit the agreement to the approval authority shall perform their duties of this kind.
文摘Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international
文摘The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the
文摘Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control
文摘Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This
