Development and reform commissions and economic and trade commissions (economic commissions) of all provinces, autonomous regions, municipalities directly under the Central Government, cities under separate state planning, capital cities at deputy provincial level, and Xinjiang Production and Construction Corp.
The foreign capital enterprises mentioned in this Law refers to enterprises established in the territory of China with all their capital exclusively invested by foreign investors.
The Chinese Government protects, according to law, the investment of foreign joint ventures, the profits due them and their other lawful rights and interests in an equity joint venture, pursuant to the agreement, contract and articles of association approved by the Chinese Government.
These Regulations are formulated to meet the need of opening up to the outside world and developing economy, to strengthen and improve the supervision and administration of foreign-funded insurance companies.
Foreign-invested telecommunications enterprises mean the enterprises providing telecommunications services which are established according to law with joint investment and in the form of Chinese-foreign joint ventures by foreign and Chinese investors within the territory of the People's Republic of China.
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