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Chinese Commercial Law Essay

Decent Essays
Chinese Commercial Law (MLM 703) Trimester 3, 2008 ..... Assignment 1 Table Content: | | |tABLE OF cONTENT………………………………..…....……........………2 | |aBBRIVIATIONS USED IN sTUDY..……………………………….......... 3 | |eXECUTIVE sUMMARY....……………………........……………………… 4 | |INTRODUCTION………………….…........................................……... 5…show more content…
24 | | | |REFERENCES…....................................................................... 25 | Abbreviations used in the Assignment: MOFTEC ' Ministry of Foreign Trade and Economic Cooperation LCL ' Labour Contract Law FDI ' Foreign Direct Investments PRC ' People’s Republic of China SOE ' State Owned Enterprises FIE ' Foreign Investment Enterprises NPC ' National People’s Congress LSA ' Labour Security Administration SEZ ' Special Economic Zone ITC ' International Travel Certificate MLSS ' Ministry of Labour and Social Security WTO ' World Trade Organization VAT ' Value Added Tax MOC ' Ministry of Commerce ACFTU ' All China Federation of Trade Unions EU ' European Union NPC ' National People’s Party Congress Executive Summary: China has been one of the favourite places for the Foreign Investment for the last 40 years. Many Foreign Investors have made Equity Joint Ventures in China to expand their business. From late 1970s, China granted for the
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