Entering WTO meaning China's reform is entering a new phase. This 3 years in WTO, china's economy has occurred huge change: China's nationwide production total has increase 25%; foreign trade total has double in 3 years, break through USD 1 trillion, becoming the third biggest trading country just right after USA and Germany. China has become a place where all the foreign enterprises started to put their investments in China, every year, there was more than US 50 billions investment in China, in 2004, it even break through US 60 billions.
This past 3 years, China has starting to get connected with the world, and began to reform government policies, such as foreign investment policies, and trade policies. Each province has clean up about 190 thousand local policies. State department has separated those projects into three parts, trying to reform those internal policies and projects.
However, China till now, haven't completely connected with the world, there will be some problem faced by the foreign companies, such as:
□ There are too much new policies coming out, therefore, those old ones isn't updated anymore.
□ For those new policies, aren't too fully organized
□ Central government and local government policies isn't united
For those problems above, MCR's professional legal consultant would provide you on time consultation. At the sometime, helping you to make the right decision.
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