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June 7, 2005
Shanghai Event: Interpreting the NDRC Rules
The American Bar Association, Section of International Law, China Committee, will present a breakfast and CLE (pending) in Shanghai.
Topic: Interpreting the NDRC Rules
Presenter: Yingxi Fu-Tomlinson, Partner, Kaye Scholer
Date: Friday, June 24, 2005
Time: 7:30 – 9:30 AM
Place: Squire, Sanders & Dempsey L.L.P., Kerry Centre, Suite 1207
1515 Nanjing Road West, Shanghai, Phone: 21-6103-6300
"Obtaining the Ministry of Commerce's (or its predecessor's) approval of projects has been key for foreign investors wishing to access the PRC market. In July of last year, the State Council issued its Reform of the Investment System Decision, which appeared to signal an important role for the National Development Reform Commission (“NDRC”) and perhaps a significant step in development of a registration system instead of an approval system. However, the Decision was broadly worded and left open the specific procedures to be applied by the NDRC.
Of keen interest to foreign investors is how the NDRC registration process will in fact fit with the MOFCOM approval process. The NDRC subsequently adopted the Administration of the Verification of Foreign-invested Projects Tentative Procedures (issued October 9 2004), with the apparent aim of clarifying matters. However, significant questions still remain."
Ms. Fu-Tomlinson will present respecting the new NDRC rules and their impact on the approval process for foreign-invested projects.
Register for this program.
For more information: Jessica Elliot
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