Intechno China Inc.

1996-10-11

Article 1 These Provisions are formulated to improve the investment environment, to better facilitate the absorption of foreign investment, to introduce advanced technology, to improve product quality, to expand in order to generate foreign exchange and to develop the national economy.

Article 2 The State encourages foreign companies, enterprises and other economic entities or individuals (hereinafter referred to as “Foreign Investors”) to establish Chinese-foreign equity joint ventures, Chinese-foreign contractual joint ventures and foreign-capital enterprises (hereinafter referred to as “Enterprises with Foreign Investment”) within the territory of China. The State grants special preferences to the enterprises with foreign investment listed below: continue reading…

---

[Translate]

2002-2-11

Decree [2002] No.346 of the State Council

The Provisions on Guiding the Orientation of Foreign Investment are hereby promulgated and shall enter into force on April 1, 2002.

Premier of the State Council: Zhu Rongji
February 11, 2002

Article 1 In order to guide the orientation of foreign investment, to keep the orientation of foreign investment in line with the national economy and social development planning of China, and to protect of the lawful rights and interests of investors, these Provisions have been formulated according to the laws and provision on foreign investment and the requirements of industrial policies of the State. continue reading…

---

[Translate]

Guo Fa [2007] No.7

The People’s Governments of all provinces, autonomous regions, and municipalities directly under the State Council, and all ministries, commissions and directly subordinate organs under the State Council,

In accordance with the general direction and guidelines for the development of the service industry as determined in the design of the Eleventh Five-Year Plan, several opinions on accelerating the development of the service industry are set forth as follows:

1. Fully realizing the major significance of accelerating the development of the service industry

The service industry is an important part of the national economy, and an important indicator for measuring the economic development level of a modern society. China is now in the stage of building a well-off society in an all-round way and in the progress accelerated industrialization, urbanization, market mechanisms and continue reading…

---

[Translate]

                                                                                                                                                                                       2007-11-20

Service outsourcing industry, as an integral part of modern high-end service industry, is characterized by large bearing capacity of information technology, high added value, small consumption of natural resources, little environmental pollution, abundant employment opportunities (esp. for college graduates) and high level of internationalization, etc. The world is now witnessing the rise of a new round of worldwide industrial restructuring featuring service outsourcing, service trade, high-end manufacturing and the transfer of technological research and development, which brings new opportunities to the development of China’s modern service industry oriented towards the international market. To seize the opportunities and develop international offshore outsourcing business are conducive to the shift of the growth mode of foreign trade, expansion of the export of knowledge-intensive service, optimization of the mix of foreign investment and elevation of the quality and level of utilization of foreign investment. continue reading…

---

[Translate]

Chinese government is to carry on a series of incentives to boost the nation’s services outsourcing industry, such as tax rebates and credit support. In order to launch more favorable policies for the services outsourcing industry, the commerce ministry will work with related government departments such as the Ministry of Finance and the State Administration of Taxation. It is believed that government support is very essential for China to promote the sector’s growth and develop itself into a top outsourcing destination.

Already a manufacturing powerhouse, China has boosting its services outsourcing sector diligently over resent years in order to move up the value chain and boost innovation in the IT sector. In 2006, its offshore outsourcing revenue grew more than 40 percent to $1.4 million, but that still accounts for just 2 percent of the global market. continue reading…

---

[Translate]