CHINA PAK Service Sector
Content Overview of China 1
Culture and Customs 1
Education 1
Laws and Policies 2
Laws and regulations applicable to foreign investment in China 2
Policies and Preferences 3
Industrial Policies 3
Regional Policies 6
Policies and measures relevant to the foreign investment: 7
Tax Policies 8
Forms of Foreign Investment 14
Chinese-Foreign Equity Joint Ventures 14
Chinese-Foreign Cooperative Joint Ventures 14
Wholly Foreign-Owned Enterprises 15
Joint Stock Limited Companies with Foreign Investment 16
Foreign Investment Companies 16
Foreign-invested Venture Investment Enterprises 17
Chinese-Foreign Cooperative Exploitation 18
BOT 18
Enterprises Registration 19
China’s negotiating strategy 20
Agreement on the Early Harvest Program 21
Free Trade Agreements 21
Current status of bilateral trade in services 22
Trade in Services 22
Supplementary Agreements 22
Overview of China
Culture and Customs
The unique Chinese culture and customs formed since ancient times are a typical representation of the Far East's. Frugality, modesty and the family and community oriented value are reflected by most Chinese people's day-to-day behaviour. The Chinese people, comprising 56 ethnic groups, are inclusive and open to foreign cultures as a result of long-term integration of multi-ethnic groups. In the past century, China has transformed from the agricultural society to the industrial society and to the information society. Its culture and customs are also changing with the time. Western cultures are gradually assimilated into the Chinese culture.
The statutory holidays in China are as follows: one day holidays include New Year's Day, Tomb-Sweeping Day, Labour Day, Dragon Boat Festival, and Middle-Autumn Festival; three-day holidays include National Day and Spring Festival (in January or February).
Education
Since the reform and opening up, China has been implementing the strategy of rejuvenating the country through science and education, which puts education in a prioritized and
Culture and Customs 1
Education 1
Laws and Policies 2
Laws and regulations applicable to foreign investment in China 2
Policies and Preferences 3
Industrial Policies 3
Regional Policies 6
Policies and measures relevant to the foreign investment: 7
Tax Policies 8
Forms of Foreign Investment 14
Chinese-Foreign Equity Joint Ventures 14
Chinese-Foreign Cooperative Joint Ventures 14
Wholly Foreign-Owned Enterprises 15
Joint Stock Limited Companies with Foreign Investment 16
Foreign Investment Companies 16
Foreign-invested Venture Investment Enterprises 17
Chinese-Foreign Cooperative Exploitation 18
BOT 18
Enterprises Registration 19
China’s negotiating strategy 20
Agreement on the Early Harvest Program 21
Free Trade Agreements 21
Current status of bilateral trade in services 22
Trade in Services 22
Supplementary Agreements 22
Overview of China
Culture and Customs
The unique Chinese culture and customs formed since ancient times are a typical representation of the Far East's. Frugality, modesty and the family and community oriented value are reflected by most Chinese people's day-to-day behaviour. The Chinese people, comprising 56 ethnic groups, are inclusive and open to foreign cultures as a result of long-term integration of multi-ethnic groups. In the past century, China has transformed from the agricultural society to the industrial society and to the information society. Its culture and customs are also changing with the time. Western cultures are gradually assimilated into the Chinese culture.
The statutory holidays in China are as follows: one day holidays include New Year's Day, Tomb-Sweeping Day, Labour Day, Dragon Boat Festival, and Middle-Autumn Festival; three-day holidays include National Day and Spring Festival (in January or February).
Education
Since the reform and opening up, China has been implementing the strategy of rejuvenating the country through science and education, which puts education in a prioritized and