Registration of Foreign Investment Partnership Regulations" were promulgated more than a year, as at present, total foreign investment partnership with more than 70. Last year, the birth of Yiwu were 48 enterprises with foreign investment partner, accounting for the total number of Qicheng, are incorporated in four months; investment amounted to 14.41 million yuan, the average 30 million contribution. Partnership with foreign and international companies in the legal from Singapore, Pakistan, Iraq, India, Egypt, more than 10 countries and regions, operates in the wholesale commodities, commodity information consulting, catering services, electronic products, wholesale and other industries.
yiwu city of Industry, the person in charge, Yiwu unique environment for economic development has attracted many foreign merchants to purchase commodity Yiwu Market. Because of policy constraints, these foreign investors can not get most of the main operational status, only to foreign companies as a representative of the resident representative active in the market. According to regulations, foreign representative office is established by law, does not have legal personality under the foreign enterprises engaged in business related activities of non-profit offices, with the exception of international treaties concluded or acceded to the Agreement otherwise provided, the representative body shall not engage in profit-making activities. Therefore, regardless of market regulatory authorities, or foreign, are expected to lower barriers to entry in the main form.
Last March 1, "Registration of Foreign Investment Partnership Regulations" were promulgated for foreign break the traditional "three capital" enterprises with high barriers to entry, and foreign natural persons registered as individual businesses can not be brought to the main access problems. SAIC will help foreign enterprises and resident representative offices of foreign enterprises registered under the purview of the favorable conditions into Yiwu, Yiwu City of Industry, March 5 last year, successfully produced the first foreign investment in zhejiang partnership. After that year, the business sector, through visits, research, advocacy, guidance, and guide a large number of foreign businessmen to set up partnerships with foreign investment the way market players to obtain a legal status for the Yiwu standard and orderly environment for foreign trade operations and create a good atmosphere.
"Permanent Yiwu has more than 13,000 foreign and 3,063 foreign representative office, which are provided for the cultivation of a broad foreign body space." Yiwu City of Industry official said, the council approved the establishment by the Yiwu International comprehensive reform of trade opportunity, provide foreign investors with a lower entry threshold, for more convenient, easier way to the main model that allows easy access to foreign markets as the main body, thus contributing to the further development of foreign trade market, Yiwu.
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