CIRCULAR OF THE STATE ADMINISTRATION FOR INDUSTRY AND COMMERCE ON ADJUSTMENT OF JURISDICTION SCOPE OVER REGISTRATION OF SOME FOREIGN-FUNDED ENTERPRISES

State Administration for Industry and Commerce

Circular of the State Administration for Industry and Commerce on Adjustment of Jurisdiction Scope over Registration of some Foreign-funded
Enterprises

Gong Shang Wai Qi Zi [2005] No. 88

The administration for industry and commerce in all provinces, autonomous regions, municipalities directly under the Central Government,
cities specifically designated in the state plan and deputy-province-level cities:

With a view of further embodying the principles of convenience and efficiency, facilitating the on-site registration of enterprises,
bringing into play the role of the authorized bureaus’ administration of registration, the State Administration for Industry and
Commerce has deliberated and decided to adjust the jurisdiction scope over the registration of some foreign-funded enterprises. The
relevant issues are hereby notified as follows:

1.

The foreign-funded enterprises in the restricted category with the registered capital not more than 6 million USD that originally
are subject to the jurisdiction of registration of the State Administration for Industry and Commerce, shall henceforth be subject
to the jurisdiction of registration of the authorized bureaus where the enterprises are located, of which, the foreign-funded joint
stock company limited shall be subject to the jurisdiction of province-level registration authority.

2.

In the near future, the Foreign-funded Enterprise Registration Bureau under the State Administration for Industry and Commerce will
handle the transfer formalities for the aforesaid enterprises that have been registered. Please relevant registration authorities
cooperatively perform well in transferring the archives.

3.

This Circular shall be implemented as of the date of promulgation. In the case of discrepancy between the former provisions and this
Circular, the latter shall prevail.

4.

This Circular shall be treated as the supplementary provisions for authorization documents of all the authorized bureaus simultaneously.

The State Administration for Industry and Commerce

June 30, 2005